Gentherm (THRM) Tops Q4 EPS by 16c
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Gentherm Reports 2016 Fourth Quarter and Full Year Results
February 21, 2017 6:00 AM ESTNORTHVILLE, Mich., Feb. 21, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the fourth quarter and full year ended December 31, 2016.
Fourth Quarter 2016 Highlights
Total revenue growth of 11% to $236.5 million Net income of $26.0 million and adjusted EBTIDA of $37.1 million Topline performance driven by 2% growth in Climate Control Seats (CCS) and double digit growth in seat heaters (10%) and steering wheel heaters (12%)... More