TE Connectivity plc $(TEL)$ reported strong financial results for the fiscal third quarter ending June 27, 2025, with net sales reaching a record $4.5 billion. This marks a 14% increase on a reported basis year over year and a 9% growth organically, primarily driven by significant growth in the Industrial segment. The company achieved a GAAP diluted earnings per share $(EPS)$ from continuing operations of $2.14, reflecting a 15% increase compared to the previous year. Adjusted EPS reached a record $2.27, showing an approximate 19% year-over-year growth. Orders for the quarter totaled $4.5 billion, showing an increase both year over year and sequentially. TE Connectivity's operating margin was reported at 18.9%, with the adjusted operating margin at a record 19.9%, supported by robust operational performance across segments. The company reported a record cash generation for the third quarter, with cash flow from operating activities at approximately $1.2 billion and free cash flow at $962 million. The company completed the acquisition of Richards for $2.3 billion in the third quarter, enhancing its Industrial segment. Additionally, TE Connectivity returned $1.5 billion to shareholders. Looking ahead, TE Connectivity expects fourth-quarter fiscal 2025 net sales of approximately $4.55 billion, representing a 12% increase on a reported basis and 6% organically. The company anticipates a GAAP EPS from continuing operations of approximately $2.18, marking an increase of more than 140% year over year, with an adjusted EPS of approximately $2.27, up 16% year over year.
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