Gentherm (THRM) Tops Q1 EPS by 41c, Revenues Beat; Offers FY21 Revenues Outlook
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Gentherm Reports 2021 First Quarter Results
April 29, 2021 6:00 AM EDTStrong Automotive Revenue Significantly Outperformed Light Vehicle ProductionSecured $400 Million in New Automotive AwardsMaintains 2021 Guidance
NORTHVILLE, Mich., April 29, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced its financial results for the first quarter ending March 31, 2021.
First Quarter Highlights
Product revenues of $288.5 million increased 26.2% from $228.6 million in the 2020 first quarter. Excluding the impact of foreign currency... More