TE Connectivity Files 8-K on Financials

Ticker: TEL · Form: 8-K · Filed: 2024-12-17T00:00:00.000Z

Sentiment: neutral

Topics: financial-condition, results-of-operations, sec-filing

TL;DR

TE Connectivity filed an 8-K on Dec 17th detailing financial condition and results. No major news yet.

AI Summary

TE Connectivity plc filed an 8-K on December 17, 2024, reporting on its financial condition and results of operations. The filing includes financial statements and exhibits related to its business operations. No specific financial figures or significant events were detailed in the provided excerpt.

Why It Matters

This filing provides an update on TE Connectivity's financial condition and operational results, which is important for investors to assess the company's performance.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting financial condition and results of operations, with no immediate indication of significant negative events.

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report on TE Connectivity plc's Results of Operations and Financial Condition, as well as provide Regulation FD Disclosure and Financial Statements and Exhibits.

When was this 8-K filed?

This 8-K was filed on December 17, 2024.

What is TE Connectivity plc's jurisdiction of incorporation?

TE Connectivity plc's jurisdiction of incorporation is Ireland.

What is the company's IRS number?

The company's IRS number is 98-1779916.

Does this filing indicate any specific financial results or events?

The provided excerpt of the 8-K filing does not detail specific financial results or events, but indicates that the filing pertains to Results of Operations and Financial Condition.

Filing Stats: 1,270 words · 5 min read · ~4 pages · Grade level 13.2 · Accepted 2024-12-17 14:30:10

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition The information disclosed in Item 7.01 of this Current Report on Form 8-K is furnished and incorporated by reference in this Item 2.02. The financial information referred to therein is furnished as Exhibits 99.1, 99.2, and 99.3 to this report and incorporated by reference in this Item 2.02.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure New Segment Structure Effective for the first quarter of fiscal 2025, TE Connectivity plc (the "Company") reorganized its management and segments to align the organization around its fiscal 2025 strategy. The Company's businesses in the former Communications Solutions segment have been moved into the Industrial Solutions segment. Also, the appliances and industrial equipment businesses have been combined to form the automation and connected living business. In addition, the Company realigned certain product lines and businesses from the Industrial Solutions and former Communications Solutions segments to the Transportation Solutions segment. The following represents the new segment structure: Transportation Solutions —This segment contains the automotive, commercial transportation, and sensors businesses. Industrial Solutions —This segment contains the aerospace, defense, and marine; medical; energy; digital data networks (historically referred to as data and devices); and automation and connected living businesses. Financial Information The Company has recast prior period segment results to reflect the new segment reporting structure. This recast financial information is being provided to aid in comparability and has no impact on previously reported consolidated financial statements for any period. The unaudited financial information furnished with this report and incorporated by reference includes the segment results, net sales by segment and industry end market, and Adjusted Operating Income by segment of the Company for the fiscal quarters ended September 27, 2024, June 28, 2024, March 29, 2024, December 29, 2023, September 29, 2023, June 30, 2023, March 31, 2023 and December 30, 2022 and for the fiscal years ended September 27, 2024 and September 29, 2023, along with the reconciliation of Adjusted Operating Income by segment, a financial measure not prepared in accordance with accounting principles generally accept

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Segment Results of TE Connectivity plc for the fiscal quarters ended September 27, 2024, June 28, 2024, March 29, 2024, December 29, 2023, September 29, 2023, June 30, 2023, March 31, 2023, and December 30, 2022 and for the fiscal years ended September 27, 2024 and September 29, 2023 (Unaudited) 99.2 Net Sales by Segment and Industry End Market of TE Connectivity plc for the fiscal quarters ended September 27, 2024, June 28, 2024, March 29, 2024, December 29, 2023, September 29, 2023, June 30, 2023, March 31, 2023, and December 30, 2022 and for the fiscal years ended September 27, 2024 and September 29, 2023 (Unaudited) 99.3 Reconciliation of Non-GAAP Financial Measure to GAAP Financial Measure for Adjusted Operating Income by Segment of TE Connectivity plc for the fiscal quarters ended September 27, 2024, June 28, 2024, March 29, 2024, December 29, 2023, September 29, 2023, June 30, 2023, March 31, 2023, and December 30, 2022 and for the fiscal years ended September 27, 2024 and September 29, 2023 (Unaudited) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 17, 2024 TE CONNECTIVITY PLC By: /s/ Heath A. Mitts Name: Heath A. Mitts Title: Executive Vice President and Chief Financial Officer

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