Gentherm Reports 2021 First Quarter Results

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Go back to Gentherm Reports 2021 First Quarter Results

Gentherm (THRM) Tops Q1 EPS by 41c, Revenues Beat; Offers FY21 Revenues Outlook

April 29, 2021 6:24 AM EDT

Gentherm (NASDAQ: THRM) reported Q1 EPS of $1.04, $0.41 better than the analyst estimate of $0.63. Revenue for the quarter came in at $288.54 million versus the consensus estimate of $251 million.

Product revenues of $288.5 million increased 26.2% from $228.6 million in the 2020 first quarter.Excluding the impact of foreign currency translation, product revenues increased 21.5% year over yearGAAP diluted earnings per share was $0.99 as compared... More