(Reuters) - The diversified manufacturer, which is the world's largest maker of cockpit electronics, reported profit of $526 million, or 66 cents per share, compared with $436 million, or 52 cents per share a year earlier. Analysts, on average, had expected profit of 62 cents per share, according to Reuters Estimates.
Revenue came in at $8.04 billion, up 11 percent from $7.24 billion a year earlier. Analysts, on average, had expected revenue of $7.71 billion, according to Reuters Estimates.
Read more at Reuters.com Market News
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