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Thermon Group Holdings Inc (THR)

THR on New York Consolidated

19.41USD
23 Mar 2017
Change (% chg)

$0.27 (+1.41%)
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$19.14
Open
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$19.43
Day's Low
$19.05
Volume
128,552
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$21.87
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$16.50

Latest Key Developments (Source: Significant Developments)

Thermon reports Q3 adjusted earnings $0.16/shr
Wednesday, 8 Feb 2017 08:00am EST 

Thermon Group Holdings Inc : Thermon reports third quarter fiscal 2017 results . Q3 adjusted earnings per share $0.16 . Q3 GAAP earnings per share $0.16 . Q3 earnings per share view $0.17 -- Thomson Reuters I/B/E/S . Q3 revenue $64.3 million versus I/B/E/S view $70 million . Thermon Group Holdings Inc - qtrly backlog of $105.0 million, an increase of 30 percent . Sees FY 2017 revenue down about 7 percent . FY 2017 revenue view $271.0 million -- Thomson Reuters I/B/E/S . Thermon Group Holdings Inc- Continues to experience project construction delays by customers and deferral of capital and maintenance spending for Q4 .Thermon Group Holdings - Revenue guidance reflects anticipated revenue decline of approximately 7 percent for fiscal 2017 as compared to fiscal 2016.  Full Article

Thermon Group holdings qtrly backlog of $95.4 mln vs $76.4 mln at Q1 2016
Wednesday, 3 Aug 2016 08:00am EDT 

Thermon Group Holdings Inc : Maintaining its revenue guidance of flat to low single-digit growth in fiscal 2017 . Q1 2017 orders were $77.5 million versus $63.9 million in q1 2016 . Thermon group holdings inc qtrly backlog of $95.4 million compared to $76.4 million at q1 2016 . Thermon group holdings inc says expects second half of year to be stronger than first half based on timing of projects currently in backlog . Thermon group holdings inc says anticipates that gross margin pressure experienced during q1 will continue in near term Further company coverage: [THR.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Thermon group holdings Q1 adjusted earnings per share $0.08
Wednesday, 3 Aug 2016 08:00am EDT 

Thermon Group Holdings Inc : Q1 gaap earnings per share $0.08 . Q1 earnings per share view $0.15 -- Thomson Reuters I/B/E/S . Thermon reports first quarter fiscal 2017 results . Q1 revenue $63.4 million versus i/b/e/s view $64.1 million . Q1 adjusted earnings per share $0.08 Further company coverage: [THR.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Thermon Group reports Q4 adjusted earnings per share $0.20
Wednesday, 25 May 2016 08:00am EDT 

Thermon Group Holdings Inc : Thermon reports fiscal 2016 results . Q4 revenue $72.3 million versus I/B/E/S view $65.2 million . Q4 adjusted earnings per share $0.20 . Q4 earnings per share view $0.19 -- Thomson Reuters I/B/E/S . Quarter-End backlog of $81.2 million compared to $75.7 million at end of Q4 2015 . Q4 2016 orders were $72.6 million, a 39 pct increase over Q4 2015 . Thermon Group Holdings Inc qtrly diluted GAAP EPS of $0.10 .Forecasting flat to low single digit top line revenue growth in fiscal 2017 as compared to fiscal 2016.  Full Article

Thermon Group Holdings Inc updates FY 2016 revenue guidance
Wednesday, 3 Feb 2016 07:58am EST 

Thermon Group Holdings Inc:Says the company updating its FY 2016 guidance to reflect a top line revenue percentage decline of 10% to 12% as compared to Fy 2015, which includes revenue contributions from recent acquisitions.  Full Article

Thermon Group Holdings, Inc announces CEO succession
Tuesday, 8 Dec 2015 08:58am EST 

Thermon Group Holdings, Inc:Announces CEO succession.Rodney bingham, president and CEO, will retire upon the expiration of his current employment agreement on March 31, 2016.Says bruce thames, current executive vice president and chief operating officer, will succeed bingham.Prior to joining Thermon, thames was senior vice president and chief operating officer of td williamson in Tulsa, Oklahoma.  Full Article

Thermon Group Holdings Inc announces acquisition of Industrial Process Insulators, Inc.
Wednesday, 5 Aug 2015 08:02am EDT 

Thermon Group Holdings, Inc:Announces acquisition of industrial process insulators, inc.Says consideration paid in the transaction was $21.75 million in cash at closing.Says unit of Thermon has acquired 100% of the equity interests of industrial process insulators.  Full Article

FThermon Group Holdings Inc comments on FY 2016 revenue guidance
Wednesday, 27 May 2015 08:00am EDT 

FThermon Group Holdings Inc:Sees FY 2016, total revenue growth mid-single digit over FY 2015.Sees FY 2016 modest contraction in organic revenue and a growth contribution from recently completed acquisitions.  Full Article

Thermon Group Holdings Inc's subsidiary announces acquisition of Sumac
Tuesday, 7 Apr 2015 04:17pm EDT 

Thermon Group Holdings Inc:Says that its indirect subsidiary, Thermon Canada Inc (TCI), acquired a controlling interest in Thermon Power Solutions, Inc. (TPSI), a newly created entity, effective April 1.Also effective April 1, TPSI acquired the business previously conducted by Sumac Fabrication Co. Ltd. (Sumac).  Full Article

More From Around the Web

BRIEF-Thermon Group says unit to start production in Greater Moscow region in 2017

* Thermon Group Holdings Says its indirect subsidiary, Thermon Eurasia, will begin local production of key products in Greater Moscow region beginning in 2017 Source text for Eikon: Further company coverage: