Sensata Technologies Holding N.V. announced results of its operations for the fourth quarter and full year ended December 31, 2010. Fourth quarter 2010 net revenue was $387.8 million, an increase of $49.8 million, or 14.7%, from the fourth quarter 2009 net revenue of $338.1 million. Fourth quarter 2010 net income was $68.6 million, or $0.38 per diluted share, versus net income of $13.9 million or $0.10 per diluted share for the same time period in 2009. Fourth quarter Adjusted Net Income(1) was $80.6 million, or $0.45 per diluted share, which is 20.8% of net revenue, versus the fourth quarter 2009 Adjusted Net Income(1) of $50.3 million, or $0.34 per diluted share, which is 14.9% of net revenue.
For the full year ended December 31, 2010, net revenue was $1,540.1 million, which was an increase of $405.1 million, or 35.7%, from $1,134.9 million for the same time period in 2009. Net income was $130.1 million, or $0.75 per diluted share, versus a net loss of $27.7 million or $(0.19) per share for the full year ended December 31, 2009. Adjusted Net Income(1) was $306.4 million, or $1.77 per diluted share, which is 19.9% of net revenue versus Adjusted Net Income(1) of $124.1 million, or $0.86 per diluted share, which is 10.9% of net revenue for the same time period in 2009.
