Gentherm (THRM) Tops Q2 EPS by 10c; Offers FY23 Revenue Guidance
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Gentherm Reports 2023 Second Quarter Results
August 1, 2023 6:00 AM EDTAchieved Record Quarterly RevenueSecured Record $670M in New Automotive AwardsReaffirms 2023 Guidance
NORTHVILLE, Mich., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the second quarter ending June 30, 2023.
Second Quarter Highlights
Product revenues of $372.3 million increased 42.8% from $260.7 million in the second quarter of 2022. Excluding the impact of foreign currency translation, product revenues increased 43.4% year... More