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Gentherm Inc (THRM.OQ)

THRM.OQ on NASDAQ Stock Exchange Global Select Market

33.40USD
8 Dec 2017
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Latest Key Developments (Source: Significant Developments)

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

Gentherm Q2 EPS $0.50
Thursday, 28 Jul 2016 

Gentherm : Continue to expect good revenue growth for balance of 2016 . Now expect that our 2016 product revenue will be at low end of our previous outlook expectations . Reports 2016 Second Quarter And Six Month results . Q2 earnings per share $0.59 excluding items . Q2 earnings per share $0.50 .Q2 earnings per share view $0.66 -- Thomson Reuters I/B/E/S.  Full Article

Gentherm buys Cincinnati sub-zero products
Thursday, 31 Mar 2016 

Gentherm Inc THRM.O:announces acquisition of Cincinnati sub-zero products.CSZ will be operated as a subsidiary of Gentherm, with its headquarters in Cincinnati, Ohio and operations in Ohio and Michigan.CSZ will continue to be led by Berke and CSZ's current management team.  Full Article

Gentherm Inc gives FY 2016 revenue guidance
Friday, 19 Feb 2016 

Gentherm Inc:Expects FY 2016 revenue to increase by about 10 pct over 2015 revenue, which was $856.4 million.  Full Article

Gentherm wins next contract for thermal management system for Batteries
Wednesday, 6 Jan 2016 

Gentherm Inc:Announced that it has been awarded another contract for its new battery thermal management system (BTM), a thermoelectric cooling system for batteries used in hybrid and electrified vehicles.The five-year contract, awarded by a major automotive strategic partner, could generate up to $8 million in annual revenue with the first shipments to begin for model year 2018.  Full Article

BRIEF-Gentherm Inc announces acquisition of Etratech

* Gentherm announces acquisition of Etratech; provides platform for continued growth and diversification of product portfolio