Gentherm Reports 2019 Third Quarter Results

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Go back to Gentherm Reports 2019 Third Quarter Results

Gentherm (THRM) Tops Q3 EPS by 16c

October 29, 2019 6:08 AM EDT

Gentherm (NASDAQ: THRM) reported Q3 EPS of $0.68, $0.16 better than the analyst estimate of $0.52. Revenue for the quarter came in at $240.06 million versus the consensus estimate of $248.01 million.

Third Quarter Highlights

Product revenues of $240.1 million decreased 8.2% from $261.5 million in the 2018 third quarterExcluding the impact of foreign currency translation, divested assets and assets held for sale, product revenues decreased 2.8% year over yearGAAP diluted earnings per share was $0.48 as compared to a loss per share of $0.01 for the prior-year... More