Investing.com - TE Connectivity (NYSE:TEL) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.57 on revenue of $3.74B. Analysts polled by Investing.com anticipated EPS of $1.48 on revenue of $3.52B. .
For the year, TE Connectivity shares are up 6.05%, under-performing the S&P 500 which is up 10.09% year to date.
TE Connectivity follows other major Technology sector earnings this month
On April 15, Taiwan Semiconductor reported first quarter EPS of $0.9497 on revenue of $12.77B, compared to forecasts of EPS of $0.9247 on revenue of $12.78B.
Adobe earnings beat analyst's expectations on March 23, with first quarter EPS of $3.14 on revenue of $3.91B. Investing.com analysts expected EPS of $2.79 on revenue of $3.75B
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