Gentherm Reports 2019 Second Quarter Results
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Gentherm (THRM) Misses Q2 EPS by 2c, Revenues Miss
July 25, 2019 6:10 AM EDTGentherm (NASDAQ: THRM) reported Q2 EPS of $0.47, $0.02 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $243.33 million versus the consensus estimate of $251.79 million.
Product revenues of $243.3 million decreased 8.7% from $266.4 million in the 2018 second quarterExcluding the impact of foreign currency translation, divested assets and assets held for sale, product revenues decreased 1.9% year over yearGAAP diluted earnings per share was $0.08 as compared to $0.45 for the prior-year periodAdjusted... More