Thermon Group Holdings (THR) Misses Q2 EPS by 5c

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Go back to Thermon Group Holdings (THR) Misses Q2 EPS by 5c

Thermon Reports Second Quarter Results

November 4, 2015 8:03 AM EST

SAN MARCOS, TX -- (Marketwired) -- 11/04/15 -- Thermon Group Holdings, Inc. (NYSE: THR) ("Thermon" or the "Company") today announced consolidated financial results for the second quarter of the fiscal year ending March 31, 2016 ("Q2 2016").

Financial summary for the quarter:

Revenue of $69.9 million, a decrease of 12% compared to Q2 2015 Foreign currency translation negatively impacted Q2 2016 by $6.4 million Revenue from recent acquisitions totaled $7.8 million in Q2 2016 Gross margin percentage of 47.7% compared to 52.2% in Q2 2015 Fully diluted GAAP EPS of $0.21 and Adjusted EPS of $0.26

"This quarter we... More