Gentherm (NASDAQ: THRM) reported Q4 EPS of $0.90, $0.40 better than the analyst estimate of $0.50. Revenue for the quarter came in at $366.9 million versus the consensus estimate of $357.83 million.

GUIDANCE:

Gentherm sees FY2024 revenue of $1.5-1.6 billion, versus the consensus of $1.56 billion.

As a result of the Company’s decision to pause the pursuit of certain Battery Performance Solutions products, Gentherm is updating its 2026 outlook:

Product Revenues between $1.9 billion and $2.0 billion

Adjusted EBITDA margin rate of approximately 16%

For earnings history and earnings-related data on Gentherm (THRM) click here.