Net income for the first quarter ended on December 28 rose to $949 million, or $1.90 a share, from $281 million, or 57 cents per share, a year earlier.
NEW YORK (Reuters) - Tyco Electronics Ltd <TEL.N>, a maker of connectors and other components used in cars, airplanes and industry, reported a higher quarterly profit on Wednesday, boosted by a tax benefit and strong demand from telecommunications customers.
Net income for the first quarter ended on December 28 rose to $949 million, or $1.90 a share, from $281 million, or 57 cents per share, a year earlier.
Excluding items, earnings from continuing operations increased to 63 cents a share from 50 cents.
(Reporting by Euan Rocha; Editing by Lisa Von Ahn)
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