Gentherm Reports 2020 Third Quarter Results
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Gentherm (THRM) Tops Q3 EPS by 42c, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus
October 29, 2020 6:22 AM EDTGentherm (NASDAQ: THRM) reported Q3 EPS of $0.91, $0.42 better than the analyst estimate of $0.49. Revenue for the quarter came in at $259.5 million versus the consensus estimate of $227.67 million.
Third Quarter Highlights
Product revenues of $259.5 million increased 8.1% from $240.1 million in the 2019 third quarterExcluding the impact of foreign currency translation and divested assets, product revenues increased 8.1% year over yearGAAP diluted earnings per share was $0.73 as compared to $0.48 in the prior-year... More