TE Connectivity Releases Fourth Quarter and Full Year 2022 Financial Results

TE Connectivity (TE) announced its fourth quarter and full-year financial results for fiscal year 2022. Net sales in the fourth quarter were $4.4 billion, up 14% year-on-year and 21% organically. Full-year net sales reached $16.3 billion, up 9% year-on-year and 12% organically. Both solutions achieved growth, thanks to the strategic positioning of TE's business portfolio and the execution of the global team.