Te Connectivity Ltd. Reports Earnings Results for the First Quarter Ended December 28, 2018
January 23, 2019 at 04:30 pm IST
TE Connectivity Ltd. announced earnings results for the first quarter ended December 28, 2018. For the first quarter, the company announced sales was USD 3,347 million compared to USD 3,336 million a year ago. Operating income was USD 484 million compared to USD 586 million a year ago. Net income was USD 276 million compared to net loss of USD 40 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Basic earnings per share was USD 0.81 compared to basic loss per share of USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 1.11 compared to diluted loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share was USD 0.8 compared to diluted loss per share of USD 0.11 a year ago.