Gentherm (THRM) Tops Q2 EPS by 7c

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Go back to Gentherm (THRM) Tops Q2 EPS by 7c

Gentherm Reports 2021 Second Quarter Results

July 29, 2021 6:00 AM EDT

Automotive Revenue Significantly Outperformed Light Vehicle ProductionSecured $400 Million in New Automotive AwardsUpdates 2021 Guidance

NORTHVILLE, Mich., July 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 second quarter ending June 30, 2021.

Second Quarter Highlights

Product revenues of $266.0 million increased 95.5% from $136.1 million in the 2020 second quarter. Excluding the impact of foreign currency... More