Welcome to our dedicated page for Sensata Tech news (Ticker: ST), a resource for investors and traders seeking the latest updates and insights on Sensata Tech stock.
Sensata Technologies (ST) delivers mission-critical sensing and electrical protection solutions across automotive, industrial, and aerospace sectors. This dedicated news hub provides investors and industry professionals with comprehensive coverage of corporate developments directly impacting market positioning and technological leadership.
Access real-time updates including quarterly earnings disclosures, product innovation announcements, strategic partnerships, and regulatory compliance milestones. Our curated feed ensures you stay informed about sensor technology advancements and power management solutions that drive safety and efficiency in global industries.
Key updates feature engineering breakthroughs, manufacturing expansions, and sustainability initiatives that underscore Sensata's role in enabling smarter, cleaner technologies. Content spans operational updates from all served markets, including heavy vehicle electrification progress and aerospace safety system enhancements.
Bookmark this page for centralized access to verified Sensata Technologies communications. Combine regular monitoring with in-depth analysis of how sensor innovation trends translate to industrial applications and shareholder value creation.
Sensata Technologies (NYSE: ST) reported its Q1 2023 financial results, achieving revenue of $998.2 million, a 2.3% increase compared to Q1 2022. This revenue reflects a 4.7% organic growth rate, despite adverse impacts from foreign currency fluctuations. The company reported operating income of $148.8 million, up 18.2% year-over-year, and earnings per share at $0.56, a remarkable 300% increase from the previous year's $0.14. Adjusted EPS rose to $0.92, a 17.9% increase. Sensata's operating cash flow improved to $96.9 million from $47.4 million a year earlier. The company repaid $250 million of its term loan, aligning with capital deployment priorities. For Q2 2023, Sensata expects revenue between $1,000 million and $1,040 million and adjusted EPS between $0.88 and $0.98.
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