Gentherm (THRM) Tops Q3 EPS by 42c, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus

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Go back to Gentherm (THRM) Tops Q3 EPS by 42c, Revenues Beat; Offers 4Q Revenue Guidance Above Consensus

Gentherm Reports 2020 Third Quarter Results

October 29, 2020 6:00 AM EDT

Record Quarterly Automotive RevenueAchieved Highest Quarterly Gross Margin and Gross Margin Rate in Three YearsStrong Quarterly Net Income Growth and Record Quarterly Adjusted EBITDA

NORTHVILLE, Mich., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management technologies, today announced its financial results for the third quarter ended September 30, 2020.

Third Quarter Highlights

Product revenues of $259.5 million increased 8.1% from $240.1 million in the 2019 third... More