TEL guided Q4 profit and revenue above consensus expectations at $3.05/$5.25B topping the $$2.98/$5.15B estimate after Q3 results came in be
TEL guided Q4 profit and revenue above consensus expectations at $3.05/$5.25B topping the $$2.98/$5.15B estimate after Q3 results came in better saying growing demand for AI-related Tools and products has boosted investments in data Centers and network Equipment globally. TEL also said it would buy power management and filtering solutions maker Astrodyne TDI for $1.4B in deal expected to close by the end of 2026. (watch shares of APH); TEL shares -7.4% premarket
TEL guided Q4 profit and revenue above consensus expectations at $3.05/$5.25B topping the $$2.98/$5.15B estimate after Q3 results came in better saying growing demand for AI-related Tools and products has boosted investments in data Centers and network Equipment globally.
TEL also said it would buy power management and filtering solutions maker Astrodyne TDI for $1.4B in deal expected to close by the end of 2026. (watch shares of APH); TEL shares -7.4% premarket