Gentherm Reports 2018 Fourth Quarter and Full Year Results

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Go back to Gentherm Reports 2018 Fourth Quarter and Full Year Results

Gentherm (THRM) Misses Q4 EPS by 7c, Revenues Miss; Offers FY19 Revenues Guidance Below Consensus

February 21, 2019 6:06 AM EST

Gentherm (NASDAQ: THRM) reported Q4 EPS of $0.50, $0.07 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $253.65 million versus the consensus estimate of $266.97 million.

Product revenues of $253.7 million decreased 1.4% from $257.2 million in the 2017 fourth quarter. Excluding the impact of acquisitions and foreign currency translation, product revenues declined 2.2% year over yearAutomotive revenues, excluding the impact of acquisitions and foreign currency translation, increased 0.9% year over yearGAAP diluted earnings per share was $0.36 as compared with a loss per share of $0.14 for the prior-year periodAdjusted diluted earnings per share, excluding... More