Sensata Q3 2023 Earnings Report
Key Takeaways
Sensata Technologies reported third quarter 2023 financial results in line with guidance. Revenue was $1,001.3 million, a decrease of 1.7% compared to the third quarter of 2022. Earnings per share was $0.41, a decrease of 54.9% compared to the third quarter of 2022. Adjusted earnings per share was $0.91, an increase of 7.1% compared to the third quarter of 2022.
Revenue was $1,001.3 million, a decrease of 1.7% compared to the third quarter of 2022.
Operating income was $116.3 million, or 11.6% of revenue, a decrease of 54.0% compared to the third quarter of 2022.
Earnings per share was $0.41, a decrease of 54.9% compared to earnings per share of $0.91 in the third quarter of 2022.
Adjusted earnings per share was $0.91, an increase of 7.1% compared to adjusted earnings per share of $0.85 in the third quarter of 2022.
Sensata
Sensata
Sensata Revenue by Segment
Sensata Revenue by Geographic Location
Forward Guidance
For the fourth quarter of 2023, Sensata expects revenue of $950 to $1,000 million and adjusted EPS of $0.79 to $0.89.
Revenue & Expenses
Visualization of income flow from segment revenue to net income