Business
Sensata Technologies Reports First Quarter 2025 Financial Results
SWINDON, United Kingdom, May 08, 2025--Sensata Technologies (NYSE: ST) Reports First Quarter 2025 Financial Results
About this update from Sensata Technologies Holding Plc
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":307,"url":"https://media.zenfs.com/en/business-wire.com/a7f45f1f028949c87aab6eec626ea79b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8LgGlDpLnyiZNxcoc5ScLQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTYxNDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/a7f45f1f028949c87aab6eec626ea79b","width":480,"height":307}},"lazy":false},{"type":"text","content":"SWINDON, United Kingdom, May 08, 2025--(BUSINESS WIRE)--Sensata Technologies (NYSE: ST) today announced financial results for its first quarter ended March 31, 2025.","length":165,"tagName":"p"},{"type":"text","content":""We started the year with a strong first quarter which exceeded the high end of our guidance ranges. These results reflect early progress from our focus on the key pillars that I shared earlier this year of improving our operational performance, optimizing our capital allocation, and returning Sensata to growth. I look forward to further advancing our work on these priorities to enhance Sensata's resilience and create shareholder value over time," said Stephan von Schuckmann, Chief Executive Officer of Sensata.","length":530,"tagName":"p"},{"type":"text","content":"Operating Results - First Quarter","length":33,"tagName":"p"},{"type":"text","content":"Operating results for the first quarter of 2025 compared to the first quarter of 2024 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.","length":272,"tagName":"p"},{"type":"text","content":"Revenue:","length":8,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue was $911.3 million, a decrease of $95.5 million, or 9.5%, compared to $1,006.7 million in the first quarter of 2024.","length":124,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":124,"olType":false},{"type":"text","content":"Operating income:","length":17,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Operating income of $122.2 million, or 13.4% of revenue, decreased by $22.6 million, or 15.6%, compared to operating income of $144.8 million, or 14.4% of revenue, in the first quarte...