UPDATE: Thermon Group Holdings (THR) Misses by 4c (Correct)

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Go back to UPDATE: Thermon Group Holdings (THR) Misses by 4c (Correct)

Thermon Reports Second Quarter Fiscal 2017 Results

November 2, 2016 8:01 AM EDT

SAN MARCOS, TX -- (Marketwired) -- 11/02/16 -- Thermon Group Holdings, Inc. (NYSE: THR) (the "Company," "Thermon," "we" or "our") today announced consolidated financial results for the second quarter of the fiscal year ending March 31, 2017 ("Q2 2017").

Financial summary for Q2 2017 compared to the three months ended September 30, 2015 ("Q2 2016"):

Revenue of $68.8 million, a decrease of 2% Backlog of $85.7 million, an increase of 4% Gross margin of 42% compared to 48% Fully diluted GAAP EPS of $0.11 and Adjusted EPS of $0.10 compared to $0.21... More