Sensata Technologies Holding NV (NYSE:ST) announces results of its operations for the third quarter and nine months ended September 30, 2011.Net revenue for the third quarter 2011 was $474.3 million, an increase of $91.0 million, or 23.7%, from net revenue for the third quarter 2010 of $383.3 million. Net income for the third quarter 2011 was $26.2 million, or $0.14 per diluted share. This compares to a net loss for the third quarter 2010 of $(48.4) million, or $(0.28) per diluted share. Adjusted net income for the third quarter 2011 was $90.3 million, or $0.50 per diluted share, which was 19.0% of net revenue. This compares to Adjusted net income for the third quarter 2010 of $79.2 million, or $0.45 per diluted share, which was 20.7% of net revenue.
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October 20th, 2011 at 09:45 am