TE Connectivity plc (TEL) Positioned for AI-Driven Growth Amid Strong Order Book [Yahoo! Finance]
TE Connectivity plc Ordinary Shares (TEL)
Last te connectivity plc ordinary shares earnings: 4/28 06:00 am
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Source: Yahoo! Finance
into a $3 billion five-year senior revolving credit facility with Bank of America as administrative agent. TE Connectivity plc (TEL) Positioned for AI-Driven Growth Amid Strong Order Book The inking of the $3 billion credit facility coincided with the termination of a $1.5 billion five-year unsecured revolver dated April 24, 2024. The new credit facility is poised to bolster the company's liquidity and its commercial paper program. In January, TE Connectivity reiterated that it is well-positioned to capitalize on a surge in demand for its artificial intelligence-related tools and products. A surge in investment in data centers and network equipment is increasingly benefiting the likes of TE Connectivity amid rising demand for AI-related tools and products. In the first quarter of fiscal 2026, the company recorded orders of more than $5 billion, while revenues came in at $4.67 billion, against $4.53 billion expected. It now expects second-quarter adjusted profit of $2.65 per sh
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TEL
Earnings
- 1/21/26 - Beat
TEL
Sec Filings
- 3/16/26 - Form 4
- 3/16/26 - Form 4
- 3/11/26 - Form 8-K
- TEL's page on the SEC website