Thermon Group Holdings (THR) Tops Q4 EPS by 1c
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May 25, 2016 8:02 AM EDT
SAN MARCOS, TX -- (Marketwired) -- 05/25/16 --
Thermon Group Holdings, Inc. (NYSE: THR) ("Thermon" or the "Company") today announced consolidated financial results for the fourth quarter ("Q4 2016") and fiscal year ended March 31, 2016 ("fiscal 2016").
Financial summary for the quarter:
Revenue of $72.3 million, a decrease of 3% compared to Q4 2015
Q4 2016 orders were $72.6 million, a 39% increase over Q4 2015
Backlog of $81.2 million compared to $75.7 million at the end of Q4 2015
Gross margin percentage of 44% compared to 46% in Q4 2015
Fully diluted GAAP EPS of $0.10 and Adjusted EPS of $0.20...
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May 25, 2016 8:02 AM EDT
SAN MARCOS, TX -- (Marketwired) -- 05/25/16 --
Thermon Group Holdings, Inc. (NYSE: THR) ("Thermon" or the "Company") today announced the appointment of James A. Pribble, II ("Jim") as Senior Vice President, Global Corporate Development. He will be responsible for coordinating the Company's strategic planning process and will serve as the single point of coordination for Thermon's global corporate development activity. His responsibilities will include identifying, analyzing and recommending both organic growth opportunities as well as external opportunities for mergers, acquisitions and joint ventures, including the integration thereof. Mr. Pribble will report to Bruce Thames,... More
