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Sep 30, 2020

Sensata Q3 2020 Earnings Report

Sensata's business rebounded rapidly, demonstrating the flexibility of its business model and the resilience of its supply chain.

Key Takeaways

Sensata Technologies reported a revenue of $788.3 million for Q3 2020, a 7.2% decrease compared to Q3 2019. However, revenue increased 36.7% from the second quarter of 2020. Earnings per share was $0.49, an 11.4% increase compared to Q3 2019, and adjusted earnings per share was $0.66, a decrease of 26.7% compared to Q3 2019.

Revenue was $788.3 million, a decrease of 7.2% compared to the third quarter of 2019.

Operating income was $126.8 million (16.1% of revenue), a decrease of 13.2% compared to the third quarter of 2019.

Earnings per share was $0.49, an increase of 11.4% compared to the third quarter of 2019.

Adjusted earnings per share was $0.66, a decrease of 26.7% compared to the third quarter of 2019.

Total Revenue
$788M
Previous year: $850M
-7.2%
EPS
$0.66
Previous year: $0.9
-26.7%
Operating Margin
16.1%
Previous year: 17.2%
-6.4%
Adjusted Operating Margin
19.6%
Previous year: 23.5%
-16.6%
Gross Profit
$258M
Previous year: $295M
-12.5%
Cash and Equivalents
$1.61B
Previous year: $721M
+123.2%
Total Assets
$7.56B
Previous year: $6.84B
+10.5%

Sensata

Sensata

Sensata Revenue by Segment

Forward Guidance

For the fourth quarter, Sensata expects revenue in the range of $810 to $850 million and adjusted EPS of $0.64 to $0.72.

Revenue & Expenses

Visualization of income flow from segment revenue to net income