Gentherm (THRM) Tops Q1 EPS by 13c

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Go back to Gentherm (THRM) Tops Q1 EPS by 13c

Gentherm Reports Record Quarterly Revenues and 2017 First Quarter Results

April 27, 2017 6:00 AM EDT

NORTHVILLE, Mich., April 27, 2017 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the first quarter ended March 31, 2017.

First Quarter 2017 Highlights

Total revenue growth of 16% to $249.3 million Net income of $25.4 million and adjusted EBTIDA of $45.2 million Gentherm Global Power Technologies (GPT) revenues partially recovered and increased by 40% from the prior year quarter and on a sequential quarter basis by 79% to $7.4... More