Sensata reports Q2 EPS 93c, consensus 93c

Reports Q2 revenue $1.04B, consensus $1.04B. “We are pleased to report a solid second quarter with performance in line with expectations,” said Martha Sullivan, Interim President and CEO of Sensata. “Adjusted operating margins increased sequentially by thirty basis points in the second quarter, consistent with our expectations of twenty to thirty basis points of adjusted operating margin expansion per quarter in 2024. We remain committed to deliver top quartile adjusted operating margins amongst our peers.”