Sensata Q4 2022 Earnings Report
Key Takeaways
Sensata Technologies reported strong Q4 2022 financial results, with a 10.0% increase in organic revenue growth and a record $4.0 billion in revenue for the full year. The company's strategic growth plan and investments in electrification and data insights contributed to over $1 billion in new business wins during the year.
Sensata achieved 10.0% organic revenue growth in Q4 2022.
The company was awarded over $1 billion in new business wins during 2022.
Sensata generated $224.9 million of operating cash flow in Q4 2022.
Sensata repurchased approximately 1.2 million ordinary shares for $50.4 million in Q4 2022.
Sensata
Sensata
Sensata Revenue by Segment
Sensata Revenue by Geographic Location
Forward Guidance
For the first quarter of 2023, Sensata expects revenue of $950 to $1,000 million and adjusted EPS of $0.81 to $0.91. Changes in foreign currency exchange rates are expected to decrease revenue by approximately $27 million and decrease adjusted EPS by approximately $0.05.
Positive Outlook
- Revenue between $950 million and $1,000 million
- Organic growth between 1% and 6%
- Adjusted Operating Income between $182 million and $198 million
- Adjusted Net Income between $125 million and $139 million
- Adjusted EPS between $0.81 and $0.91
Challenges Ahead
- Expected decrease in revenue of approximately $27 million due to foreign currency exchange rates
- Expected decrease in adjusted EPS of approximately $0.05 due to foreign currency exchange rates
- Ongoing market and macroeconomic uncertainties
- Discontinuing full year finance guidance
- Revenue Y/Y Change (3%) - 3%
Revenue & Expenses
Visualization of income flow from segment revenue to net income