Sensata Technologies Holding plc (NYSE:ST) Q3 2023 Earnings Call Transcript

Jeffrey Cote: Yes. I mean we’ve talked about the panel growth is a measure that we really should be looking at over a longer period of time rather than in quarter because mix of what our customers actually make matters in terms of what that looks like. Ideally, we would have the exact same amount of revenue per wheel across the globe, but we know that’s not possible based upon the relationships, the individual relationships we have. So I would say there are a number of things that we know drive out growth in the automotive business in terms of not only EV penetration, but the found of other applications that we serve as there are many, but I really would encourage folks to look at outgrowth across a longer period of time than a quarter because a lot can change the dynamics in an individual quarter.

Operator: And ladies and gentlemen, this does conclude our question-and-answer session. I’d like to turn the conference back over to the management team for any final remarks.

Jacob Sayer: Thank you, Rocco. I’d like to thank everyone for joining us this morning. We’ll be participating in a few investor conferences later during the quarter in Q4. New York Stock Exchange is sponsoring an Industrial Virtual Conference on November 14 that we’ll participate in. We’ll Also join Alliance Bernstein Industrial Investor Conference down in New York on the 28 of November, Melius Industrial Investor Conference in New York, again, December 7 and Oppenheimer is sponsoring a Technology Investor Virtual Conference on December 14, we’ll be presenting. We look forward to seeing you at one of these events or on our fourth quarter earnings call in late January 2024. Thank you for joining us this morning and for your interest in Sensata. Rocco, you can now end the call.

Operator: Thank you. We thank you all for attending today’s presentation. You may now disconnect your lines, and have a wonderful day.