Gentherm Reports 2019 First Quarter Results
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Gentherm (THRM) Tops Q1 EPS by 13c, Revenues Beat; Affirms FY19 Revenue Guidance
April 30, 2019 6:11 AM EDTGentherm (NASDAQ: THRM) reported Q1 EPS of $0.55, $0.13 better than the analyst estimate of $0.42. Revenue for the quarter came in at $257.9 million versus the consensus estimate of $250.84 million.
Product revenues of $257.9 million decreased 2.5% from $264.6 million in the 2018 first quarter. Excluding the impact of foreign currency translation, product revenues were flat year over yearExcluding the impact of foreign currency translation, divested assets and assets held for sale, product revenues increased 3.0% year over yearGAAP diluted earnings per share was $0.25 as compared with... More