Sensata Technologies (ST) Tops Q2 EPS by 4c, Revenues Beat; Offers 3Q EPS/Revenue Mid-Point Below Consensus
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Sensata Technologies Reports Second Quarter 2020 Financial Results
July 28, 2020 6:00 AM EDTSWINDON, United Kingdom, July 28, 2020 (GLOBE NEWSWIRE) -- Sensata Technologies (NYSE: ST), a global industrial technology company and a leading provider of sensor-rich solutions that create insights for customers, today announced financial results for its second quarter ended June 30, 2020.
Operating results for the second quarter of 2020 compared to the second quarter of 2019 are summarized below. These results include non-GAAP financial measures, each of which is defined and reconciled to the most directly comparable GAAP measure later in this press release.
Revenue:
Revenue was $576.5 million, a decrease of $307.2 million, or... More