Sensata Tech Stock Price, News & Analysis

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.

Sensata Technologies (NYSE: ST) will release its Q1 2023 financial results on April 25, 2023, at 6:00 a.m. ET. The company's Board of Directors has also approved a quarterly dividend of $0.12 per share, payable on May 24, 2023, to shareholders of record by May 10, 2023. After the results announcement, Sensata will host a live conference call on April 25 at 8:00 a.m. ET, available via a webcast and telephone access. The replay will be accessible until May 2, 2023.

Sensata operates globally with over 21,000 employees, focusing on electrified and connected solutions for various industries including automotive and aerospace.

Sensata Technologies (NYSE:ST) reported its fourth quarter and full year 2022 financial results, achieving record revenue of $4.0 billion for the year, a 5.5% increase year-over-year. The company noted 10.0% organic revenue growth in Q4, driven by over $1 billion in new business wins. However, adjusted earnings per share fell by 4.5% to $3.40. Operating cash flow for 2022 was $460.6 million, down from $554.2 million the previous year. For Q1 2023, Sensata expects revenues between $950 million to $1 billion and adjusted EPS of $0.81 to $0.91. Notably, it has discontinued full-year financial guidance, focusing instead on quarterly updates.

Sensata Technologies (NYSE: ST) has announced a quarterly dividend of $0.11 per share, set to be paid on February 22, 2023. Shareholders on record as of February 8, 2023 will receive the dividend. This reflects the company's commitment to returning value to its shareholders, as it continues to strengthen its position in the industrial technology sector. Sensata, with over 21,000 employees and operations in 13 countries, aims to create a cleaner and more connected world through advanced sensor solutions. This dividend showcases the company's confidence in its ongoing financial health and operational efficacy.