No Major Surprises Seen in Gentherm's (THRM) Latest Quarterly Release; Roth Affirms at 'Buy'

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Go back to No Major Surprises Seen in Gentherm's (THRM) Latest Quarterly Release; Roth Affirms at 'Buy'

Gentherm Reports 2015 Full Year And Fourth Quarter Results

February 19, 2016 6:00 AM EST

NORTHVILLE, Mich., Feb. 19, 2016 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the year and fourth quarter ended December 31, 2015.

Gentherm revenues for the 2015 full year and fourth quarter increased year over year to $856.4 million and $212.3 million, respectively, from $811.3 million and $205.2 million for the 2014 full year and fourth quarter.  Net income for the 2015 full year and fourth quarter increased to $95.4 million and $28.4 million, respectively, from net income for the respective prior year periods of $70.1 million and $19.8... More