
Q2 2025 Financial Performance - Revenue reached $943 million[14], exceeding guidance, but down approximately 9% year-over-year due to divestitures[19,36] - Adjusted Operating Income was $179 million[15], above guidance[6] - Adjusted EPS was $0.87[17], exceeding guidance[6] - Free Cash Flow was $116 million[17], with a conversion rate of 91%[6,17], up 20 percentage points year-over-year[6,19] Segment Performance - Performance Sensing Net Revenue decreased by 9.9% year-over-year to $652.2 million[23], or 6.1% organically[23] - Sensing Solutions Net Revenue increased by 8.6% year-over-year to $291.2 million[23], or 10.7% organically[23] Capital Allocation and Leverage - Net leverage ratio decreased to 3.0x[21] from 3.1x as of March 31, 2025[21] - Approximately 0.7 million shares were repurchased in Q2, and 4.2 million year-to-date[21] Q3 2025 Financial Guidance - Revenue is expected to be between $900 million and $930 million[31], a decrease of 1% to 5% sequentially[31] - Adjusted EPS is expected to be between $0.81 and $0.87[31], in line with Q2[31]