Gentherm (THRM) Misses Q2 EPS by 6c

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Gentherm Reports 2017 Second Quarter Results

July 27, 2017 6:00 AM EDT

NORTHVILLE, Mich., July 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 second quarter ended June 30, 2017.

Second Quarter 2017 Highlights

Quarterly revenue totaling $243.4 million represents growth of 5% Net income of $8.5 million and adjusted EBITDA of $35.1 million Diluted Earnings Per Share of $0.23 for the quarter, or $0.53 after adjusting for the unrealized currency loss and other impacts Euro strength results in... More