TE Connectivity earns spot on Forbes list of America s Best Employers for Diversity
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SCHAFFHAUSEN, Switzerland, May 10, 2021 /PRNewswire/ TE Connectivity, a world leader in connectors and sensors, has been ranked among America s Best Employers for Diversity by Forbes, following an independent survey of U.S. workers. The list includes 500 companies with at least 1,000 American employees that respondents rated favorably based on survey questions about age, gender equality, ethnicity, disability, LGBTQA+ and general diversity.
TE Connectivity has been named among The Best Employers for Diversity by Forbes.
The external recognition comes as TE continues to focus its efforts to ensure inclusivity and diversity are core to every aspect of its business, from its workplace to its community involvement to its business partnerships.
TE Connectivity announces second quarter results for fiscal year 2021
Significant growth in sales and EPS year over year, exceeding company expectations
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SCHAFFHAUSEN, Switzerland, April 21, 2021 /PRNewswire/ TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal second quarter ended March 26, 2021.
Second Quarter Highlights
Net sales were $3.7 billion, up 17% on a reported basis, and 11% on an organic basis year over year.
Orders of $4.6 billion, up 36% year over year.
GAAP diluted earnings per share (EPS) from continuing operations were $1.51, and adjusted EPS were $1.57, up 22% year over year.
Cash flow from operating activities was $580 million and free cash flow was $477 million, with approximately $340 million returned to shareholders.
Operator
Ladies and gentlemen, thank you for standing by and welcome to the TE Connectivity Second Quarter Earnings Call for Fiscal Year 2021. [Operator Instructions]
I would now like to turn the conference over to your host, Vice President of Investor Relations, Sujal Shah. Please go ahead.
Sujal Shah
Vice President of Investor Relations
Good morning, and thank you for joining our conference call to discuss TE Connectivity s second quarter results.
With me today are Chief Executive Officer, Terrence Curtin; and Chief Financial Officer, Heath Mitts.
During this call, we will be providing certain forward-looking information. We ask you to review the forward-looking cautionary statements included in today s press release. In addition, we will use certain non-GAAP measures in our discussion this morning and we ask you to review the sections of our press release and the accompanying slide presentation that address the use of these items. The press release and related tables, al
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TE Connectivity s patent prowess earns Clarivate Top 100 Global Innovator ranking
TE has been honored in each of the award s 10 years
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SCHAFFHAUSEN, Switzerland, March 2, 2021 /PRNewswire/ TE Connectivity, a world leader in connectors and sensors, has been named a Clarivate Top 100 Global Innovator 2021, showcasing its long-standing dedication to creating a culture that fosters creativity and ingenuity.
(PRNewsfoto/TE Connectivity Ltd.)
The 10th edition of the annual report from Clarivate Plc, a global leader in providing trusted information and insights to accelerate the pace of innovation, identifies companies at the pinnacle of the global innovation landscape by measuring the culture that produces patents. TE has been named a Top 100 Global Innovator in each of the award s 10 years.