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Gentherm Inc Issues Q4 2013 Revenue Guidance In Line With Analysts' Estimates; Raises FY 2013 Revenue Guidance

Thursday, 31 Oct 2013 06:00am EDT 

Gentherm Inc announced that for fourth quarter of 2013, it expects revenue to be slightly lower sequentially from the third quarter of 2013, but still represent a significant increase from the prior year fourth quarter of 2012. That would set the fiscal 2013 growth rate at 17% over fiscal 2012 revenues of $555 million. The Company reported revenue of $171.2 million in third quarter of 2013 and revenue of $148.24 million in fourth quarter of 2012. According to I/B/E/S estimates, analysts were expecting the Company to report revenues of $159 million for fourth quarter of 2013; revenue of $622 million for fiscal 2013. 

Company Quote

0.83 +1.68%
18 Sep 2014