TE Connectivity delivered better-than-expected fiscal Q2 results, but sales came in $20 million below expectations. The company also guided to better-than-expected current-quarter earnings, though some investors wanted stronger sales guidance. Overall the report is mixed, with earnings strength offset by softer revenue outlook.
TE Connectivity delivered better-than-expected fiscal Q2 results, but sales came in $20 million below expectations. The company also guided to better-than-expected current-quarter earnings, though some investors wanted stronger sales guidance. Overall the report is mixed, with earnings strength offset by softer revenue outlook.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request DemoOverall Sentiment
neutral
Sentiment Score
0.10
Ticker Sentiment