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RSS FeedsTE Connectivity Reports Second Quarter 2017 Financial Results
(WorldNews Switzerland)

 
 

26 april 2017 13:04:22

 
TE Connectivity Reports Second Quarter 2017 Financial Results
(WorldNews Switzerland)
 


SCHAFFHAUSEN, Switzerland, April 26, 2017 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal second quarter that ended March 31, 2017. Second Quarter Highlights Net sales were $3.2 billion, up 9 percent overall and 8 percent organically, from second quarter of 2016; Orders were $3.4 billion, up 20 percent organically from the prior year, with a book-to-bill ratio of 1.04; Diluted earnings per share from continuing operations were $1.13, up 7 percent from second quarter 2016; Adjusted earnings per share were $1.19, up 32 percent over the same period in 2016; Cash flow from continuing operating activities was $521 million, with free cash flow of $387...


 
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