Gentherm (THRM) Tops Q1 EPS by 5c

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Gentherm Reports 2015 First Quarter Results

April 30, 2015 6:00 AM EDT

NORTHVILLE, Mich., April 30, 2015 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the first quarter ended March 31, 2015.

For the 2015 first quarter, revenues increased 7 percent year over year to $207.0 million and net income increased 20 percent from the prior year to $19.8 million.

"Once again all of our divisions met or exceeded their operational goals during this year's first quarter, and we are very happy with the strength of our business activity on a global level," said... More