TE Connectivity’s Q3 net income drops 48% y/y to USD435 million despite higher sales

News
Financial results

Company raises full-year financial forecasts, expects sales between USD12.85 billion and USD12.95 billion

TE Connectivity has reported 48.1% year-over-year (y/y) drop in net income to USD435 million for the third quarter ended 30 June 2017, the Switzerland-based company said in a press release yesterday (26 July).

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