I'd some our And Thank is third Slide everyone. on X. the strong you, outlined quarter welcome, to thoughts Jacob. summary which start performance on like during with
for to markets disruptions. continued XXX outgrowth growth and despite Despite foreign supply with changes points billion points headwind rate X.X% returned to we basis representing acquired the exchange the sequentially. XXX [ph] revenue, results from revenue, higher basis chain of underlying basis We shareholders margins $XXX period, growth year quarter. produced prior in quarter XXX solid of produced up points in delivering currency of financial exchange the Our during market
in quarter, in related year-to-date. high the exceeded new investments headwinds our end the over results $XXX foreign our months Sensata's well year, of are July. and years. during greater revenue guidance awards Quoting wins range activity was our in year. of Approximately mega first factor, result, provided are record several these into have of business And extremely of the exchange business million above active translates Excluding are a as last a we w all rates, XX% in this securing electrification new the of outcome level direct unfavorable future the of of for as million new wins trend business the nine we to as already wins are $XXX growth which past awarded outgrowth
in year. and generation, margins XX% annualized approximately announced is more leader of critical quarter, the and acquisition across renewable than on Dynapower, a conversion defense revenue to in we $XXX energy engineered previously industrial power the solutions, this operating runway Dynapower applications. closed focused generate mission highly During a million
next mentioned, provide we XX% year the growth revenue to several over offering As Dynapower's per have dynamics and market years. we expect
flexible resilient, needs. and During navigate the our deliver third our fast that and supply focused benefited continues landscape on to the customers’ chain successfully organization quarter, changing we from
have to impacts these costs led inflationary us agile pricing on become more actions. input to commercial Continued offset with costs
result, our these our sequential understand I'd quarters. the weaker like this entire customers of customers are support segments the to from to diverse And team that expect strong a and improved basis. in As the monitoring work outlook a continue agility in their margins on recognize demand. results. We economic we across with steadily and our to our innovation, hard have we today business appears achieving coming the recognize underlying and closely
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and outlined that this to one to light battery expects gas vehicles. in generation, leading in We during for customers IHS better reduce and months. beginning designing up production vehicle from use ever-increasing store electrification vehicles energy intersect these areas of electric quarter nearly head, pace just heavy-duty investments systems. electric with the a That's XXXX battery teach produced efforts emissions are solutions [ph] greenhouse high-voltage substantial be all to we in or X we plug-in multimillion our will participating growth As of to year. jump ways engineered at hybrids, of unit now electrified in conversion global one are and our power the the renewable light third
and rapidly and on customers we last better placed with this users. doubled rectifiers to X power business store the wins more convert In from the demands also our first year meet high-voltage grids have help of end growing converters, energy Sensata, by for We electricity area inverters year. our in than months this
vehicles electrification that twice combustion our applications electrification of more industrial to on as to than revenue grows $X battery at XXXX, expect traditional and by to as engine increase continue rapidly. billion We electric grow vehicles content
in compared electrification growing to we'd XX% we X, the On revenue this well growth boxes, track junction year, their for continue. Slide high voltage rate a area are within goal system-level progress solutions equipment. boxes this are near-term We electrify year growth to electrification. junction expect our Sensata's enable on to highlight to high Sensata specific voltage last of of and that achieving customers
architectures in integrated increasing future, that electrification, power customers expand for our the meet and customers their system-level for As are our refine responding solutions we electrification to we requirements. more demand our efficient capabilities thermally and
to with announced The platforms the business growth a including area rapidly launch their recently, Sensata. business in Sensata's by opportunity previously more have for chosen charging XXXX, several this reach of heavy representing single revenue. vehicle by and market again expected electrified piece history of customers, that billion largest meaningful We wins European global quarter. units is for in is starting an More last area in was provide OEM large growing in significant than is XXXX. $XX will million This addressable annual $X to Sensata
representing that to annual years, we've with the potential the discussing already won are next will we $XXX of in new In revenue. launch customers over million currently business annual additional few in business million $XXX addition
are core growth our other profitably, that drivers in information safe more for these efficient Sensata significantly it for share providing important growing growth to updates, quarterly vectors and is funding new about investments. typically and we our While note
its business. business heavy now, several Our global our vehicle emissions the control has increases markets by and regulations, for been applications Insights driven outgrowing electronic years of in expansion
pressure regulation global this tire business from also in benefit will forward, Looking vehicles. heavy
new As vehicle application you our of solve tire in business heavy Sensata one market. pressure unique for tire in have sensor upon pressure heavy sensing know, challenges vehicle the the few a based past the And robustness ability now. launch These beginning is programs we to years are solution and to leader our sensing.
application the growth over in growth a more it category. great expect of years, revenue next leadership margins is given million the and Sensata as how sensing than continue $XXX for our This XX% another becomes core scale activities We generating drive company. this to X example annual stream, this Sensata's annual for in
I'd like the to turn to Now over Paul. call
