Sensata profit plummets

SENSATA Technologies Holding N.V. net income plummeted to $6.5 million in 2011 from $130.1 million a year earlier. / SENSATA TECHNOLOGIES/PR NEWSWIRE
SENSATA Technologies Holding N.V. net income plummeted to $6.5 million in 2011 from $130.1 million a year earlier. / SENSATA TECHNOLOGIES/PR NEWSWIRE
ATTLEBORO – Sensata Technologies Holding N.V. net income plummeted to $6.5 million in 2011 from $130.1 million a year earlier. The company, which has its U.S. headquarters in Attleboro, reported earnings per diluted share of 4 cents, down from 75 cents. Net revenue, however, increased 18.6 percent to $1.83 billion in 2011. For the fourth…
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