TE Connectivity Q4 sales grows 12% to $5.31 billion
TE Connectivity (NYSE:TEL) reported fourth-quarter sales of $5.312 billion, up 12% year over year, while GAAP diluted earnings per share from continuing operations rose 39% to $3.10.
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TE Connectivity (NYSE:TEL) reported fourth-quarter sales of $5.312 billion, up 12% year over year, while GAAP diluted earnings per share from continuing operations rose 39% to $3.10.
Vertiv (NYSE:VRT) reported third-quarter 2026 net sales of $4.313 billion, up 61% year over year, and raised its full-year financial outlook.
Israeli Prime Minister Benjamin Netanyahu has taken the lead over opposition leader Gadi Eisenkot in the country's tight election with more than 70% of the votes counted. Neither has a clear path toward forming a government so far, with Netanyahu's bloc projected to win 54 seats and Eisenkot's 47 in the 120-member Knesset, or parliament, as of Wednesday morning. 19 seats are going to Israeli Arab parties. Abeer Abu Omar reports on Bloomberg Television.
OppFi (NASDAQ:OPFI) reported third-quarter 2026 revenue of $149.230 million, while net income fell 54.6% to $34.479 million and diluted earnings per share dropped to $0.40.
ASM International CEO Hichem M'Saad joins Bloomberg's Tom Mackenzie, Guy Johnson, and Anna Edwards on "The Opening Trade" following the company's third quarter results. The equipment maker lifted its 2027 revenue target by around 24% as the AI build out continues to fuel a surge in sales.
New Oriental (NYSE:EDU) reported fiscal first-quarter 2027 revenue of US$1.87 billion, up 23.1% year over year, as operating income and net income also increased.
Group 1 Automotive (NYSE:GPI) reported a 6.7% drop in third-quarter revenue to $5.4 billion.
GSK (NYSE:GSK) reported third-quarter revenue of £8.89 billion, exceeding market expectations due to increased specialty medicine sales.
A. O. Smith (NYSE:AOS) signed definitive agreements for CPE to acquire an 81% interest in its China business in a transaction valued at approximately $400 million, excluding licensing royalties.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
SK hynix (NASDAQ:SKHY) reported preliminary third-quarter 2026 revenue of 104.62 trillion won, up 328% year over year, as demand for higher-value memory products expanded.
Equinor (NYSE:EQNR) reported third-quarter 2026 adjusted operating income of $12.35 billion, while equity production increased 2% year over year to 2.166 million barrels of oil equivalent per day.
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