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Tyco Revenue Falls as Currency Impact Hurts

Tyco International Ltd. TYC -2.25 % on Friday reported adjusted profit in line with expectations for its fiscal fourth quarter ended in September, even as revenue continued to be hurt by foreign currency impact.

Revenue fell 7.3% compared with the same period last year, mostly due to a 7% negative impact attributed to the stronger U.S. dollar.

The Cork, Ireland-based fire-protection and security systems company, which moved its headquarters late last year to Ireland from Switzerland, does more than half its business outside of the U.S. The stronger U.S...


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