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Stock impact report

Gentherm Reports 2024 Fourth Quarter and Full Year Results

Gentherm Inc (THRM) 
Last gentherm inc earnings: 2/19 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
Achieved 61% Year Over Year Net Income Growth; Record Annual Adjusted EBITDA of $183MSecured Annual Automotive New Business Awards of $2.4 BillionEstablishes 2025 Guidance NOVI, Mich., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced its financial results for the fourth quarter and full year ended December 31, 2024. Bill Presley, the Company's President and CEO, said, “In 2024, the Company leveraged its culture of innovation to launch new products, record automotive new business awards well over $2 billion for the 2nd consecutive year, and achieved record Adjusted EBITDA. Gentherm has a strong foundation, unique capabilities and product offerings, as well as sustainable competitive advantages. As we look to the future, we will leverage these capabilities, scale our technologies, and optimize our operations to drive shareholder value.” Fourth Quarter Highlights Pro Show less Read more
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