TE Connectivity Q3 Earnings Call Highlights

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MarketBeat

Wed, July 22, 2026 astatine 12:06 PM CDT 7 min read

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TE Connectivity (NYSE:TEL) reported grounds adjusted net per stock and grounds orders successful its fiscal 2026 3rd quarter, with executives pointing to accelerating request tied to artificial quality infrastructure, powerfulness investment, electrification and automation.

Chief Executive Officer Terrence Curtin said the company's "strategic positioning astir the accelerating information and powerfulness inclination continues to thrust broad-based outperformance," adding that TE is participating successful what helium described arsenic 1 of the largest planetary exertion and infrastructure concern cycles. The institution present expects full-year fiscal 2026 income to turn astir 15%, representing much than $2.5 cardinal of incremental revenue, portion adjusted net per stock are expected to emergence 23% twelvemonth implicit year.

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For the 3rd quarter, TE Connectivity reported income of $5.2 billion, up 14% connected a reported ground and 12% organically from the anterior year. Orders roseate 27% twelvemonth implicit twelvemonth to a grounds $5.7 cardinal and accrued 7% sequentially. The institution said it ran a book-to-bill ratio of 1.1 some successful the 4th and twelvemonth to date.

Adjusted net per stock accrued 22% twelvemonth implicit twelvemonth to a grounds $2.94. Adjusted operating borderline expanded 90 ground points to 21.9%. GAAP operating income was $981 million, portion GAAP EPS was $2.55, including restructuring, acquisition and different charges arsenic good arsenic amortization expense.

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TE's Industrial Solutions conception posted third-quarter income maturation of 22% connected a reported ground and 21% organically. Curtin said the conception benefited from maturation crossed the portfolio, led by much than 30% integrated maturation successful some the Digital Data Networks, oregon DDN, concern and the vigor business.

In DDN, income accrued 34% twelvemonth implicit twelvemonth and were up $100 cardinal sequentially. Curtin said the institution continues to spot request tied to AI architectures, including expanding deployment of CPUs and networking that expands the marketplace for high-speed copper connectivity. He besides said TE sees longer-term opportunities successful optical connectivity pursuing its RAM Photonics acquisition, though meaningful gross from fiber-attached portion exertion is not expected until 2028 and beyond.

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