Gentherm (THRM) Tops Q3 EPS by 18c

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Go back to Gentherm (THRM) Tops Q3 EPS by 18c

Gentherm Reports 2022 Third Quarter Results

November 2, 2022 6:00 AM EDT

Announces Record Quarterly Revenue, including Record Organic Quarterly RevenueSecured the First Combined Award for Thermal and Pneumatic ComfortMaintains Total Company 2022 Guidance

NORTHVILLE, Mich., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced its financial results for the third quarter ended September 30, 2022.

Third Quarter Highlights

Product revenues of $333.0 million increased 36.8% from $243.4 million in the 2021 third quarter, resulting in the highest quarterly revenue in company history, as well as the highest quarterly... More