TEL Q3 2023 Earnings — TE Connectivity Ltd. Revenue & Financial Results | Market Cap Arena

TELTE Connectivity Ltd.

$61B

Q3 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$4.0B-2.4% YoY

Gross Profit

$1.3B32.4% margin

Operating Income

$689M17.2% margin

Net Income

$528M13.2% margin

EPS (Diluted)

$1.67

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$779M

Free Cash Flow

$613M

Stock-Based Comp.

$32M

Balance Sheet

Total Assets

$21.7B

Total Liabilities

$10.2B

Stockholders' Equity

$11.3B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$4.1B	-2.4%
Gross Profit	$1.3B	$1.3B	-1.6%
Operating Income	$689M	$732M	-5.9%
Net Income	$528M	$594M	-11.1%

Revenue Segments

Transportation Solutions

$2.4B61%

Industrial Solutions

$1.1B29%

Communications Solutions

$424M11%