Gentherm (THRM) Tops Q4 EPS by 25c

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Go back to Gentherm (THRM) Tops Q4 EPS by 25c

Gentherm Reports 2021 Fourth Quarter and Full Year Results

February 17, 2022 6:00 AM EST

Increased Net Income 57% in Full Year 2021 Despite Continued Challenging EnvironmentRecord Annual Automotive Revenue, Adjusted EBITDA, Cash Flow from Operations and Free Cash FlowEstablishes 2022 Guidance

NORTHVILLE, Mich., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced its financial results for the fourth quarter and full year ended December 31, 2021.

Fourth Quarter 2021 Highlights

Product revenues of $248.2 million decreased 14.1% from $288.9 million in the 2020 fourth quarter. Excluding the impact of foreign currency... More