Sensata posts record Q2 revenue of $1,062M; repays Term Loan to cut variable-rate debt

Sensata Technologies Holding plc

2023-Q2 EPS reported $0.88 revenue$2,060,287,000

Record quarterly revenue of $1,062 million, a company high for the period; prior-year comparison not provided in excerpt.
CEO Jeff Cote says Electrification business on track for $2B revenue by 2026.
Repaid outstanding Term Loan, removing variable-rate debt; expects lower interest expense and amplified EPS growth.
Plans investor event on September 27, 2023 in NYC to highlight innovation and electrification strategy.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sensata Technologies Holding plc reported the second quarter ended June 30, 2023 results: revenue $1,062 million.

Period: the second quarter ended June 30, 2023
Revenue: $1,062 million
Result: reported results

Exact text from the filing

SENSATA TECHNOLOGIES REPORTS SECOND QUARTER 2023 FINANCIAL RESULTS RECORD QUARTERLY REVENUE OF $1,062 MILLION Swindon, United Kingdom – July 25, 2023 - Sensata Technologies (NYSE: ST), a global industrial technology company and leading provider of sensors, sensor-rich solutions and electrical protection devices used in mission-critical systems that create valuable business insights for customers, today announced financial results for its second quarter ended June 30, 2023.

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Source: SEC EDGAR

accession 0001477294-23-000113

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