Sensor maker TE Connectivity beats profit estimates, forecasts robust Q2 earnings


Employees hold a plate with components at TE Connectivity in Woerth, Germany, February 16, 2022. REUTERS/Lukas Barth/File Photo

(Reuters) - TE Connectivity Ltd on Wednesday provided an upbeat forecast for second-quarter profit after reporting a better-than-expected quarterly profit, helped by component demand from electric vehicle makers.

Shares of the Switzerland-based company were trading up 6.19% before the bell in New York.

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