Gentherm (THRM) Misses Q3 EPS by 4c; Offers FY23 Revenue Guidance

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Go back to Gentherm (THRM) Misses Q3 EPS by 4c; Offers FY23 Revenue Guidance

Gentherm Reports 2023 Third Quarter Results

October 26, 2023 6:00 AM EDT

Delivered Highest Quarterly Adjusted EBITDA in Ten QuartersSecured $520M in New Automotive Business Awards, a Third Quarter RecordUpdates 2023 Guidance

NORTHVILLE, Mich., Oct. 26, 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 third quarter ending September 30, 2023.

Third Quarter Highlights

Product revenues of $366.2 million increased 10.0% from $333.0 million in the third... More