Sensata Technologies (ST) Misses Q1 EPS by 3c, Revenues Beat

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Sensata Technologies Reports First Quarter 2020 Financial Results

April 29, 2020 6:00 AM EDT

SWINDON, United Kingdom, April 29, 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 first quarter ended March 31, 2020.

Operating results for the first quarter of 2020 compared to the first 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 $774.3 million, a decrease of $96.2 million, or 11.1%,... More