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TE Connectivity delivers results above guidance with 15% sales growth and over 20% EPS growth in second quarter of fiscal 2026
TE Connectivity (NYSE: TEL) reported strong second-quarter fiscal 2026 results, surpassing guidance with a 15% increase in net sales to $4.74 billion and a 24% rise in adjusted EPS to a record $2.73. The company also announced record orders of $5.3 billion, a 25% year-over-year increase, and provided an optimistic outlook for the third quarter, projecting 10% sales growth and a 17% increase in adjusted EPS. This performance is attributed to strategic positioning in key trends like AI, next-gen transportation, and electric grid modernization, driving growth across its Industrial and Transportation segments.