growth increased the We slightly from third you, this period we last demand and on welcome, year million, our everyone. responded provided Thank drove that recovery during July. prior continue revenue like Slide XX.X% began year effectively thoughts business above Jacob, outlined start performance the X. quarter to third the I'd strong which to range of The on quarter. time summary with in as XXXX, some $XXX to during the customer guidance
strong deliver shareholders. during shortages, constrained to was production orders able automotive customers were for due our financial While the results chain supply produce quarter we to and
market year-over-year, produced once performance well strong ranges. outgrowth our again we at target our Looking above
during we company, basis a quarter. of points XX the As and X,XXX delivered outgrowth
a of provide we points vehicle, our to market in outgrowth our will driven megatrend company, outgrowth a more and role in of these in revenue that monitor our positioning something X,XXX discuss Sensata's we’ve for our areas. business our heavy in will driven outgrowth the This a vital be XXX in of we quarter. basis revenue markets. of basis detail. strong points produced outgrowth customers time automotive than average, over increasingly is by However, XXX longer since key Paul business. by XXXX outgrowth demonstrates points off-road And enhanced one period on basis as outgrowth
over equipment. support continue significant Sensata electrification have areas on infrastructure because revenue growth in $XXX both the excellent capabilities, only access Xirgo the from to past SmartWitness million organically With electrification Power a proliferation pivotal in product growth and acquisitions Already and today and to We coming these our continued strong also estimated expect than inorganically. portfolios over invest activities. by now we the our driven stationary trends, in of growth mobile in position, and the With is and expanding part financial these year. in this years, very coming our markets, megatrend the electrification seen our performance of to not revenue year, requirements IoT pending and strong Spear areas. end of we our initiatives Systems more but
have in our than more We presence cash $X And acquire enables our targeted in to will cash of past Sensata vectors. months. to continue innovative the our expand generated targeted, XX growth million flow that billion free over balance $XXX current businesses
navigate elevated Not During resilient, chain see landscape our the continue worldwide focused on to surprisingly, to related material deliver shortages benefited logistics quarter, cost needs. our we the customers' to and we ever the changing costs. organization third that and and flexible from successfully continues supply
the diligently adjusted approach a current higher operating in customers. circumstances. like hard We work XX.X% challenging different recognize commercial are achieving million elevated very effects, costs, and year with I'd these agility during the representing innovation, than quarter. under necessary team Despite delivered a This to working including is we of the our these strong third entire those our but in quarter, exercise, results the operating margin, the limit to prior period. $XXX substantially during income
cleaner, today and Sensata published report our Sensata first in safer areas. During efficient we're products and proud resulted of world. these progress quarter, sustainability every very the its in more Virtually makes
XXXX. own to very chain companies intensity our around supply carbon a from that And responsibility greenhouse seriously. line by have carbon established by to our and end, our operations take XX% we the world. reduction XXXX, leading To a are also targeting with neutral We be gas reduce we in our emissions the goal emissions in
addition, diversity, mission, and responsible that and In a company. or equity, inclusion to report Sensata's that core shareholders customers addresses including diverse We and provides benefits workforce our better employees, sustainability believe sourcing. makes us topics diversity our a
management our goals turnover, and development while roles diversity improving established leadership improve in representation reducing and We Sensata by U.S have reach at female XX% XXXX, and to roles internal to XX%, to management team for promotion rates. racial
meaningful and portion a and goals executives of important coming annual forward consequently are initiatives compensation achieving improvements. in updated to all about these other look short-term serious keeping against our these are on tying stakeholders the to years. senior We incentive ESG progress We
Moving that components, to growing electrification Slide and view in serve. holistic provides Sensata a components, on lot electrical business we light a X. of Sensata attention. impact advanced protection, and safe electric of tire highly not components vehicles also these its sensing. and with we our and braking, components with platforms, because enable operation also from temperature such excellent of the And current of EVs, EV sensitive next control. and specific capture sensing, developing we like Electric is vehicles, only of several many to Specific new segments motor provide environmental all take generation making differentiated in efficient high winning traditional part progress new and voltage position, electrified are and vehicles electrification innovative but the manufacturers as
position new third example, $X.X we during the e-motor awarded As quarter, business annual were European revenue. representing OEM in an a large with million
upgrading the from certain benefit of we EVs. in addition, In systems
when battery packages the upgraded leader. In and of of pack, Sensata example, the is well sensor to control upgraded a the Sensata to both pump, benefits. the For temperature cabin important global heat the system as as climate the is area a braking, manage
opportunities that business the million position as that XX Continental system won electric covering quarter, with new stability both well new combustion further significant. as internal on One extends brake in we greater engine for leader During vehicles vehicles in systems, leadership market. a our that were than two business control electronic traditional new
terms have based vehicle This is actual described on increase figure content production. received per compared in revenue combustion the uplift internal We EVs an and XX% vehicles, we demonstrated a vehicle. of from as revenues in that to average
rapidly. activity win has an saw electrification wins design Our growing XX% been We rise within year. in last electrification
approximately of automotive prior periods. this XX% are vehicles, design another our year, so electric from far uptick wins with And the dramatic
battery for Looking vehicle electric to products voltage engine in on design developing, is internal years. forward clean on the vehicle our storage path multitude is addressing gaining of average electrified even falling battery gas material based content by emissions within customers. to Sensata large of X, and are spacecraft we're wins tightening estimate and an high components how are upon their the taking electrified On equipment, passenger to the that into these energy systems we that not Manufacturers ever vessels double we we stack Electrification show customers bikes, with handling markets. customers provide energy combustion the subsystems Slide and business in resources expanding are full solutions, moving used up marine X advantage offerings from to a in heavy of happening and just and greenhouse regulations everywhere, is their vehicles. end trucks, aircraft solutions battery costs to
acquisition, in-house. can of design the the battery capabilities can Thanks reaching of customers expands by a energy subsystem customized solution a technology and have By electrification of we including form Spear in clean for via provide distribution using full unit, provide XX storage management dramatically, charging and assembled these of lithium or a energy our Sensata battery can Power, market all to manage now and battery addressable not components offerings, billion However, all the we either the serviceable aspects power XXXX. balance of solutions, system, pack. full suite added providing to electrified
its more to than current increase run once a solutions during important vehicle is content awarded large As vehicle. an average per the on megawatt premier our European business we rate. help electric power per X,XXX than a win we future strategically $XX means commercial to worth can more pivotal the it from Its of million revenue to XXX OEM for the in on the reaches charging vehicles. heavy heavy heavy example production annualized development, their This Sensata truck design unit quarter, expected electric size XXX offer,
provide the a through pending Spear of transportation markets. for storage Power, acquisition variety of can we specialty battery addition, full In systems
and are powering example, State electric these to the to back the in These clean Spear group upgrading we energy webcast -- safety to that ferry Similar early air system. components Washington a proprietary sea and of include in are electric other we Spear For the including covering playing and role Spear features is highly robust demanding for solutions ferries, what excited Insights about initiatives. June, and transportation our will solutions did markets. our is in land, [indiscernible] we electrification XXXX, very
markets for an Insights that gain pleased listeners a to about of Sensata continued these by X, on of are initiative both in customers Insights strategies we the growing go-to-market all traction and unable we a sectors. Insights. various current growth then. we're addresses these better progress and look more We we and share So can areas our Sensata. market on and forward ongoing demand. shortage with is across deliver The in widespread Slide the fast understanding to and semiconductor details evolving constraining and growing gaining The expanding new business, are offerings, evolving sharing rapidly key our On our vectors our update
providers You'll now global recall were more worth providers of our building together sticky, held for our are value innovator of than that for telematics SmartWitness expands insights by the their our providing acquisition heavy a I'm over offerings pleased pending in and the -- to are some, in hardware, initiatives. vehicles, safety I'm next contextually been that day. more than delivery data our stands the fleets, to business aware billing encouraged solutions evidenced capture privately comprised their large video really a that insurance and Insight traditional telematics and -- enhances to the megatrend of revenue information offering monitoring as delivery. shipping telematics with surroundings founding video added lower light future and the million, of $X purpose fit continued into nature pioneer by a and solutions. duty -- our cost are order with we awarded Once technology surroundings in logging also is of months. million We months with the new announce the million fleets. telematics for complimentary In growth Since are XX recently miles SmartWitness, our service fleets. large company, SmartWitness service -- progress over subside these so Insights XX book of a at include its on our orders increase next every systems in XX designed customers in shortages XX built has revenue Business. solutions the XXXX, proprietary software expansion for SmartWitness for
said I'd I've our our numerous see Paul. now capabilities, relationships acquisitions over we addressable strong organic call customer our and utilize engineering to and As before, the financial chain to to turn within partnerships supply position, like opportunities as meaningfully efforts as well our these megatrends. bolt-on our markets through enlarge to
