Gentherm (THRM) Misses Q1 EPS by 6c; Maintains Outlook

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Gentherm Reports 2022 First Quarter Results

May 4, 2022 6:00 AM EDT

NORTHVILLE, Mich., May 04, 2022 (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, 2022.

First Quarter Highlights

Product revenues of $267.7 million decreased 7.2% from $288.5 million in the first quarter of 2021. Excluding the impact of foreign currency translation, product revenues decreased 4.9% year over year GAAP diluted earnings per... More