Operator
Good day, and welcome to the Sensata Technologies Fourth Quarter 2020 Earnings Call. All participants will be in listen-only mode. [Operator Instructions] After today s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.
I d now like to turn the conference over to Mr. Jacob Sayer, Vice President, Finance. Please go ahead.
Jacob Sayer
Vice President, Finance
Thank you, Jason, and good morning, everybody. I d like to welcome you to Sensata s fourth quarter 2020 earnings conference call.
Joining me on today s call are Jeff Cote, Sensata s CEO and President; and Paul Vasington, Sensata s Chief Financial Officer. In addition to the financial results press release we issued earlier today, we will be referencing a slide presentation during today s conference call. The PDF of this presentation can be downloaded from Sensata s Investor Relations website. We ll post a replay of today s webcast shortly
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Sensata Technologies Holding plc (NYSE: ST) ( Sensata Technologies ) today announced that its indirect wholly owned subsidiary, Sensata Technologies UK Financing Co. plc (the Issuer ), intends to redeem in full all $750,000,000 in aggregate principal amount of its outstanding 6.250% Senior Notes due 2026 (the Notes ). The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.
The Issuer expects to redeem the Notes on March 5, 2021 (the Redemption Date ) at a redemption price equal to 103.125% of the aggregate principal amount of the outstanding Notes, plus accrued and unpaid interest to (but not including) the Redemption Date (the Redemption Price ). The Redemption Price will be due and payable on the Redemption Date upon surrender of the Notes.
Sensata: 4Q Earnings Snapshot
February 2, 2021 GMT
ATTLEBORO, Mass. (AP) Sensata Technologies Holding NV (ST) on Tuesday reported fourth-quarter net income of $121.7 million.
The Attleboro, Massachusetts-based company said it had net income of 77 cents per share. Earnings, adjusted for one-time gains and costs, came to 85 cents per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.
The maker of sensing, electrical protection, control and power management products posted revenue of $906.5 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $904.6 million.