Net sales were $12.2 billion, down 10% from fiscal year 2019 as a result of COVID-19 impact. Certain special items, including net payments related to pre-separation tax matters and cash paid (collected) pursuant to collateral requirements related to cross-currency swap contracts, are also excluded by management in evaluating Free Cash Flow. Visit performance for information about the performance numbers displayed above. (2) Represents the change in net sales resulting from changes in foreign currency exchange rates. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. 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. CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED), Selling, general, and administrative expenses, Research, development, and engineering expenses, Income from continuing operations before income taxes, Loss from discontinued operations, net of income taxes. 'I am proud of our employees for delivering fourth quarter results well above our expectations, exiting the year with sequential sales growth in all segments. TE Connectivity Ltd. Dr. Pierre R. Brondeau* President, Chairman, and Chief Executive Officer, FMC Corporation Terrence R. Curtin Director and Chief Executive Officer, TE Connectivity Ltd. Carol A. Singapore markets open in 4 hours 17 minutes, TE Connectivity Ltd. (TEL) : Free Stock Analysis Report. TE Connectivity Ltd. is based in Schaffhausen, Switzerland. Now, Huda Beauty products are a staple in every makeup artist and makeup enthusiast’s collection. Our website has detected that you are using an unsupported browser that will prevent you from accessing certain features. See description of non-GAAP financial measures. Quick Links. Zacks Equity Research TE Connectivity While TE Connectivity has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? This limitation is best addressed by using these non-GAAP financial measures in combination with the most directly comparable GAAP financial measures in order to better understand the amounts, character, and impact of any increase or decrease in reported amounts. The current dividend yield for TE Connectivity as of November 17, 2020 is 1.75% . 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. In depth view into TE Connectivity Revenue (Quarterly) including historical data from 2007, charts, stats and industry comps. October 28, 2020. More detailed information about these and other factors is set forth in TE Connectivity Ltd.'s Annual Report on Form 10-K for the fiscal year ended Sept. 27, 2019 as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed by us with the U.S. Securities and Exchange Commission. Adjusted Other Income (Expense), Net – represents net other income (expense) (the most comparable GAAP financial measure) before special items including tax sharing income related to adjustments to prior period tax returns and other items, if any. Adjusted Income (Loss) from Continuing Operations - represents income (loss) from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, tax sharing income related to adjustments to prior period tax returns and other tax items, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects. Non-GAAP Financial MeasuresWe present non-GAAP performance and liquidity measures as we believe it is appropriate for investors to consider adjusted financial measures in addition to results in accordance with accounting principles generally accepted in the U.S. ("GAAP"). TE Connectivity shares have added about 6.1% since the beginning of the year versus the S&P 500's gain of 5%. 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. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. All Rights Reserved. It was similar to the way Amazon itself started first with books and CDs and then eventually an Amazon of nearly everything. TE Connectivity (TEL Quick QuoteTEL - Free Report) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.86 per share. The current consensus EPS estimate is $0.81 on $2.78 billion in revenues for the coming quarter and $4.10 on $11.88 billion in revenues for the current fiscal year. Back in 2012 when it first launched, Jumia’s long-term goal was to become the leading e-commerce player on the continent. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. The brand is known for its high-quality complexion products like the Easy Bake Loose Baking & Setting Powder. "We continue to see a challenging and uncertain global market environment in fiscal 2020 and remain confident in the ability of our teams to adjust to changing dynamics and deliver strong performance for our owners and customers," said Curtin.