TE Connectivity (NYSE:TEL) shares rose Wednesday after the company delivered a robust fiscal first-quarter "beat and raise," led by unprecedented demand for AI data center infrastructure and next-generation vehicle electrification.
The Galway, Ireland-based industrial technology giant reported net sales of $4.7 billion for the period ended Dec. 26, 2025—a 22% increase year-over-year that significantly outpaced the company's own guidance.
Adjusted earnings per share (EPS) surged 33% to $2.72, driven by aggressive margin expansion across its Transportation and Industrial segments.
Highlighting the strength of the underlying market, TE logged record quarterly orders of $5.1 billion, representing a 28% jump from the prior year and providing a massive revenue runway heading into the spring.
The company's profitability also reached new heights, with adjusted operating margins expanding 180 basis points to 22.2%.
Backed by this momentum, TE Connectivity raised its second-quarter outlook, forecasting double-digit sales and earnings growth through the first half of 2026.