te connectivity news0
ET. TE Connectivity (TE) Need Help? (3) U.S. GAAP diluted shares excludes two million of nonvested share awards and options outstanding as the inclusion of these securities would have been antidilutive because of our loss during the period. RECONCILIATION OF FORWARD-LOOKING NON-GAAP FINANCIAL MEASURES, TO FORWARD-LOOKING GAAP FINANCIAL MEASURES, Adjusted diluted earnings per share from continuing operations (1). This release contains certain "forward-looking statements" within the meaning of the U.S. Click Here to Email, Address: Adjusted Operating Income (Loss) and Adjusted Operating Margin – represent operating income (loss) and operating margin, respectively, (the most comparable GAAP financial measures) before special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, and other income or charges, if any. CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED), Selling, general, and administrative expenses, Research, development, and engineering expenses, Income from continuing operations before income taxes, Income (loss) from discontinued operations, net of income taxes, Income (loss) from discontinued operations. Common shares, CHF 0.57 par value, 338,953,381 shares authorized and issued, and, Adjustments to reconcile income (loss) from continuing operations to net cash provided by operating, http://www.prnewswire.com/news-releases/te-connectivity-announces-fourth-quarter-and-full-year-results-for-fiscal-year-2020-301161060.html. About TE Connectivity TE Connectivity Ltd. (NYSE: TEL) is a $13 billion global industrial technology leader creating a safer, sustainable, productive, and connected future. Address: TE Connectivity 1050 Westlakes Drive Berwyn, PA 19312. TE Connectivity Ltd. (NYSE: TEL) will report financial results for the fourth quarter and full year of fiscal 2020 before trading begins on October 28, 2020. (1) Free cash flow is a non-GAAP financial measure. The difference between net cash provided by continuing operating activities (the most comparable GAAP financial measure) and Free Cash Flow consists mainly of significant cash outflows and inflows that we believe are useful to identify. It should not be inferred that the entire Free Cash Flow amount is available for future discretionary expenditures, as our definition of Free Cash Flow does not consider certain non-discretionary expenditures, such as debt payments. TE Connectivity Main Switchboard: US 610-893-9800 These items are subtracted because they represent long-term commitments. (1) Adjusted operating income and adjusted operating margin are non-GAAP financial measures. In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions, that are not considered in the calculation of Free Cash Flow. Information about TE Connectivity's use of non-GAAP financial measures is provided below. Such developments may include the geographic spread of the virus, the severity of the virus, the duration of the outbreak, the impact on our suppliers' and customers' supply chains, the actions that may be taken by various governmental authorities in response to the outbreak in jurisdictions in which we operate, and the possible impact on the global economy and local economies in which we operate. (2) Income tax expense related to the tax impacts of certain measures of Swiss tax reform. Chiefs at the electronics company confirmed a consultation into redundancies … For reconciliations of these non-GAAP financial measures, see the attached tables. It performs to a high level, reduces energy consumption and takes up less space, all at the same time. TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal fourth quarter and year ended Sept. 25, 2020. About TE Connectivity. (1) See description of non-GAAP financial measures. © 2020 TE Connectivity. A replay of the conference call will be available on TE Connectivity's investor website at investors.te.com at 11:30 a.m. SCHAFFHAUSEN, Switzerland, Nov. 3, 2020 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today announced that the $0.48 per share quarterly dividend … TE Connectivity TE Connectivity, a world leader in connectivity and sensors, has begun offering a new type of signal wire and cable for a variety of railway applications. TE Connectivity News: This is the News-site for the company TE Connectivity on Markets Insider Voluntary pension contributions are excluded from the GAAP financial measure because this activity is driven by economic financing decisions rather than operating activity. We believe Free Cash Flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations. Direct Line: 610-893-9435 TE Connectivity Ltd. (NYSE: TEL) today announced that the $0.48 per share quarterly dividend for the first quarter of fiscal year 2021 will be payable on December 4, 2020, to shareholders of record at the close of business on November 20, 2020. 1050 Westlakes Drive (3) Industry end market information is presented consistently with our internal management reporting and may be periodically revised as management deems necessary. This measure is a significant component in our incentive compensation plans. HARRISBURG, Pa., Oct. 28, 2020 /PRNewswire/ -- TE Connectivity (TE), a world leader in innovative connectivity solutions for high-speed computing and … The dividend was approved by shareholders at the company's annual general meeting held on March 11, 2020. Adjusted Income Tax (Expense) Benefit and Adjusted Effective Tax Rate – represent income tax (expense) benefit and effective tax rate, respectively, (the most comparable GAAP financial measures) after adjusting for the tax effect of special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, other income or charges, and certain significant tax items, if any. (4) See description of non-GAAP financial measures. (3) Includes a $216 million income tax benefit related to the tax impacts of certain measures of Swiss tax reform, a $90 million income tax benefit related to the effective settlement of a tax audit in a non-U.S. jurisdiction, and $15 million of income tax expense associated with the tax impacts of certain legal entity restructurings and intercompany transactions. All Rights Reserved. We believe these measures provide meaningful information to us and investors because they enhance the understanding of our operating performance, ability to generate cash, and the trends of our business. Additionally, we believe that investors benefit from having access to the same financial measures that management uses in evaluating our operations. Adjustments to reconcile income (loss) from continuing operations to net cash provided by operating activities: Provision for losses on accounts receivable and inventories. (2) Represents the change in net sales resulting from changes in foreign currency exchange rates. Free Cash Flow (FCF) – is a useful measure of our ability to generate cash. Management uses non-GAAP financial measures internally for planning and forecasting purposes and in its decision-making processes related to the operations of our company. Berwyn, PA 19312, TE Connectivity Main Switchboard: US 610-893-9800, TE Connectivity achieves Dow Jones Sustainability Index listing for ninth consecutive year, TE Connectivity announces fiscal 2021 first quarter dividend record and payment dates, TE Connectivity to present at Baird's 2020 Global Industrial Conference, TE Connectivity announces fourth quarter and full year results for fiscal year 2020, TE Connectivity to report fourth quarter and full year financial results on October 28, 2020, TE Connectivity to present at Citi's 2020 Global Virtual Technology Conference, TE Connectivity sets new sustainability, charitable goals for 2030, TE Connectivity announces fiscal 2020 fourth quarter dividend record and payment dates, TE Connectivity named one of Fast Company's 100 Best Workplaces for Innovators, TE Connectivity announces third quarter results for fiscal year 2020, TE Connectivity to report third quarter financial results on July 29, 2020, TE Connectivity to present at Bernstein's 36th Annual Strategic Decisions Conference, TE Connectivity announces fiscal 2020 third quarter dividend record and payment dates, TE Connectivity announces second quarter results for fiscal year 2020, TE Connectivity to report second quarter financial results on April 28, 2020, TE Connectivity and TE Connectivity Foundation support global fight against COVID-19, TE Connectivity acquires majority share of First Sensor AG, Lynn Dugle, Dawn Willoughby elected to TE Connectivity board of directors, TE Connectivity ranks among Ethisphere's 2020 World's Most Ethical Companies, TE Connectivity named a 'Top 100 Global Innovator' for ninth consecutive year, TE Connectivity announces pricing of €550 million 0.000% senior notes offering, TE Connectivity announces fiscal 2020 second quarter dividend record and payment dates, TE Connectivity to present at Goldman Sachs Technology and Internet Conference, TE Connectivity announces first quarter results for fiscal year 2020, TE Connectivity earns fourth annual recognition as Best Place to Work for LGBTQ Equality, TE Connectivity named among 'World's Most Admired Companies' by FORTUNE, TE Connectivity to report first quarter financial results on January 29, 2020, TE Connectivity to Hold Annual General Meeting of Shareholders on March 11, 2020.
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