Gentherm Reports 2024 Third Quarter Results
Gentherm Inc (THRM)
Last gentherm inc earnings: 2/19 06:00 am
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Source: GlobeNewswire
Strong Outperformance Over Light Vehicle ProductionSecured Third Quarter Record $600 Million in Automotive New Business AwardsUpdates 2024 Guidance NORTHVILLE, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the third quarter ending September 30, 2024. Third Quarter Highlights Product revenues of $371.5 million increased 1.5% from $366.2 million in the third quarter of 2023. Excluding the impact of foreign currency translation, product revenues increased 1.0% year over yearAutomotive revenues increased 1.1% year over year; excluding the impact of foreign currency translation, automotive revenues increased 0.7% year over yearGAAP diluted earnings per share was $0.51 as compared with $0.48 for the prior-year periodAdjusted diluted earnings pe
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THRM
News
- Gentherm Announces Updated Fireside Chat Time for 2024 Baird Global Industrial ConferenceGlobeNewswire
- Gentherm Announces CEO Succession in 2025GlobeNewswire
- Solid Earnings Reflect Gentherm's (NASDAQ:THRM) Strength As A Business [Yahoo! Finance]Yahoo! Finance
- Gentherm Incorporated (NASDAQ: THRM) had its price target lowered by analysts at Craig Hallum from $85.00 to $65.00. They now have a "buy" rating on the stock.MarketBeat
- Gentherm Incorporated (NASDAQ: THRM) had its price target lowered by analysts at Robert W. Baird from $54.00 to $50.00. They now have a "neutral" rating on the stock.MarketBeat
THRM
Earnings
- 10/30/24 - Beat
THRM
Sec Filings
- 11/8/24 - Form 8-K
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- THRM's page on the SEC website