Thermon Group Holdings (THR) Misses Q1 EPS by 7c

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Go back to Thermon Group Holdings (THR) Misses Q1 EPS by 7c

Thermon Reports First Quarter Fiscal 2017 Results

August 3, 2016 8:02 AM EDT

SAN MARCOS, TX -- (Marketwired) -- 08/03/16 -- Thermon Group Holdings, Inc. (NYSE: THR) (the "Company," "Thermon," "we" or "our") today announced consolidated financial results for the first quarter of the fiscal year ending March 31, 2017 ("Q1 2017").

Financial summary for Q1 2017 compared to the three months ended June 30, 2015 ("Q1 2016"):

Revenue of $63.4 million, a decrease of 3% compared to Q1 2016 Orders of $77.5 million, a 21% increase compared to Q1 2016 Backlog of $95.4 million compared to $76.4 million at Q1 2016 Gross margin of 41% compared to 47% in Q1 2016 Fully diluted GAAP EPS of $0.08... More