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Recap: Gentherm Q2 Earnings

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Shares of Gentherm (NASDAQ:THRM) were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 163.83% year over year to ($0.30), which beat the estimate of ($0.48).

Revenue of $136,061,000 declined by 44.08% year over year, which beat the estimate of $118,610,000.

Looking Ahead

Q3 revenue expected between $210,000,000 and $240,000,000.

How To Listen To The Conference Call

Date: Aug 04, 2020

Time: 08:00 AM

View more earnings on THRM

ET Webcast URL: http://public.viavid.com/player/index.php?id=140775

Price Action

52-week high: $49.95

52-week low: $27.24

Price action over last quarter: Up 3.15%

Company Profile

Gentherm Inc is an automotive parts manufacturer. The business activities of the group are functioned through the Automotive and Industrial segments. The Automotive reporting segment is comprised of the results from global automotive businesses and individual convenience products. It offers automotive seat comfort systems, specialized automotive cable systems, and other automotive and non-automotive thermal convenience products. The Industrial segment offers remote power generation systems, patient temperature management systems, and environmental testing equipment and services. Gentherm derives most of its revenue from the Automotive segment.

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