TE Connectivity (NYSE:TEL) posted second-quarter results today that beat the consensus forecast on Wall Street.
The Schaffhausen, Switzerland–based company provides connectivity and sensor solutions for a broad range of industries, including medtech.
TE Connectivity reported profits of $560 million, or $1.71 per diluted share, on sales of $4.0 billion for the three months ended March 25, 2022, for a bottom-line gain of nearly 11% and sales growth of 7% compared with Q2 2021.