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Gentherm Inc (THRM.OQ)

THRM.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Gentherm Qtrly Product Revenues Of $253.7 Million, A Decrease Of 1.4 Percent
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Gentherm Inc ::GENTHERM REPORTS 2018 FOURTH QUARTER AND FULL YEAR RESULTS.Q4 GAAP EARNINGS PER SHARE $0.36.Q4 EARNINGS PER SHARE ESTIMATE $0.57 -- REFINITIV IBES DATA.2019 GUIDANCE ESTABLISHED.QTRLY PRODUCT REVENUES OF $253.7 MILLION, A DECREASE OF 1.4 PERCENT.2019 PRODUCT REVENUES ARE EXPECTED TO GROW BETWEEN 4% AND 6% TO A RANGE OF $1.01 BILLION TO $1.04 BILLION.SEES 2019 GROSS MARGIN RATE BETWEEN 28% AND 30%.QTRLY ADJUSTED EARNINGS PER SHARE $0.50.SEES 2019 CAPITAL EXPENDITURES BETWEEN $40 AND $50 MILLION.SEES 2019 ADJUSTED EBITDA BETWEEN 14% AND 15% OF PRODUCT REVENUE.COMPANY REAFFIRMING OUTLOOK FOR 2021.Q4 EARNINGS PER SHARE VIEW $0.57, REVENUE VIEW $267.0 MILLION -- REFINITIV IBES DATA.REAFFIRMING PRODUCT REVENUE, OPERATING EXPENSES, GROSS MARGIN RATE, ADJUSTED EBITDA OUTLOOK FOR 2021.FY2019 REVENUE VIEW $1.10 BILLION -- REFINITIV IBES DATA.  Full Article

Gentherm Names Matteo Anversa As Executive Vice President, CFO & Treasurer
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Gentherm Inc ::GENTHERM NAMES MATTEO ANVERSA AS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER AND TREASURER.GENTHERM INC - STEELE WILL STEP DOWN AS COMPANY'S VICE-PRESIDENT OF FINANCE, CHIEF FINANCIAL OFFICER AND TREASURER.  Full Article

Gentherm Partners With Rinspeed On Their Autonomous Concept Vehicle
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - Gentherm Inc ::GENTHERM INC - ANNOUNCED PARTNERSHIP WITH RINSPEED ON THEIR AUTONOMOUS CONCEPT VEHICLE, MICROSNAP.  Full Article

Gentherm Reports Q2 Earnings Per Share $0.45
Thursday, 26 Jul 2018 

July 26 (Reuters) - Gentherm Inc ::GENTHERM REPORTS 2018 SECOND QUARTER RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.58.Q2 EARNINGS PER SHARE $0.45.Q2 EARNINGS PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.QTRLY PRODUCT REVENUES OF $263.8 MILLION INCREASED 8.4 PERCENT FROM $243.4 MILLION.EXPECTS POTENTIAL HEADWIND ON PRODUCT COSTS AS A RESULT OF TARIFFS ANNOUNCED BY USTR THAT WENT INTO EFFECT ON JULY 6, 2018.REAFFIRMS GUIDANCE PREVIOUSLY PROVIDED AT ITS INVESTOR DAY EVENT ON JUNE 25.Q2 REVENUE VIEW $266.3 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.27, REVENUE VIEW $1.07 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Gentherm Updates 2018 Guidance And Issues 2021 Financial Targets
Monday, 25 Jun 2018 

June 25 (Reuters) - Gentherm Inc ::UPDATES 2018 GUIDANCE AND ISSUES 2021 FINANCIAL TARGETS.LONG-TERM EPS GROWTH EXPECTED TO BE MORE THAN DOUBLE REVENUE GROWTH.RETURN ON INVESTED CAPITAL EXPECTED TO EXCEED 20% BY 2021.SEES 2018 REVENUE GROWTH OF 8% TO 10% (3% TO 5% ORGANIC).SEES 2021 REVENUE GROWTH IN HIGH SINGLE-DIGIT ORGANIC CAGR.FY2018 REVENUE VIEW $1.07 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Gentherm Inc announces acquisition of Etratech
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Gentherm Inc :Gentherm announces acquisition of Etratech; provides platform for continued growth and diversification of product portfolio.Gentherm Inc - deal for ‍approximately US$64 million​.Gentherm Inc - deal expected to be accretive to earnings in fiscal 2017 by about eight cents per share on a fully diluted pro-forma basis​.Gentherm Inc - ‍purchase was funded from Gentherm's existing available cash​.Gentherm Inc - ‍it is anticipated that acquisition could grow co's total electronics revenues to about $200 million by 2019​.  Full Article

Gentherm Q3 earnings per share $0.18
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Gentherm Inc :Gentherm reports 2017 third quarter results.Q3 earnings per share $0.18.Q3 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.Sees Q4 revenue $245 million to $250 million.Gentherm Inc says ‍q4 revenue forecast of $245 to $250 million is expected to bring 2017 full-year growth rate to 6.1 pct - 6.6 pct over prior year​.Q4 revenue view $242.8 million -- Thomson Reuters I/B/E/S.Gentherm Inc - ‍product revenues for q3 2017 increased by $3.2 million, or 1.4 pct to $235.9 million​.Q3 revenue view $236.1 million -- Thomson Reuters I/B/E/S.  Full Article

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Trump tariffs force tough choices at U.S. auto suppliers

WYOMING, Mich. Bob Roth makes no bones about his feelings towards U.S. manufacturing.