Gentherm Reports 2020 Second Quarter Results

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Gentherm (THRM) Tops Q2 EPS by 18c, Revenues Beat

August 4, 2020 6:12 AM EDT

Gentherm (NASDAQ: THRM) reported Q2 EPS of ($0.30), $0.18 better than the analyst estimate of ($0.48). Revenue for the quarter came in at $136.1 million versus the consensus estimate of $118.61 million.

Second Quarter Highlights

Product revenues of $136.1 million decreased 44.1% from $243.3 million in the 2019 second quarterExcluding the impact of foreign currency translation and divested assets, product revenues decreased 42.3% year over... More