TEL Q2 2023 Earnings — TE Connectivity Ltd. Revenue & Financial Results | Market Cap Arena

TELTE Connectivity Ltd.

$61B

Q2 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$4.2B+3.8% YoY

Gross Profit

$1.3B31.1% margin

Operating Income

$673M16.2% margin

Net Income

$433M10.4% margin

EPS (Diluted)

$1.36

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$634M

Free Cash Flow

$445M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$21.5B

Total Liabilities

$10.4B

Stockholders' Equity

$11.0B

Cash & Equivalents

$905M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$4.0B	+3.8%
Gross Profit	$1.3B	$1.3B	-2.9%
Operating Income	$673M	$721M	-6.7%
Net Income	$433M	$560M	-22.7%

Revenue Segments

Transportation Solutions

$2.5B60%

Industrial Solutions

$1.2B29%

Communications Solutions

$486M12%