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Gentherm Inc (THRM.OQ)

THRM.OQ on NASDAQ Stock Exchange Global Select Market

33.00USD
3:59pm EST
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Latest Key Developments (Source: Significant Developments)

Gentherm Inc announces acquisition of Etratech
Wednesday, 1 Nov 2017 04:10pm EDT 

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 06:00am EDT 

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 selects Phillip Eyler as new president and CEO
Tuesday, 3 Oct 2017 04:05pm EDT 

Oct 3 (Reuters) - Gentherm Inc :Gentherm selects Phillip Eyler as new president and CEO.Gentherm Inc - Eyler will also join Gentherm board of directors​.  Full Article

Gentherm reports Q2 earnings per share $0.23
Thursday, 27 Jul 2017 06:00am EDT 

July 27 (Reuters) - Gentherm Inc -:Gentherm reports 2017 second quarter results.Q2 earnings per share $0.23.Q2 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Q2 revenue $243.4 million versus i/b/e/s view $244.3 million.Q2 adjusted earnings per share $0.53.Gentherm Inc says expect full year 2017 revenue growth is likely to be at lower end of previous range of between 5% and 10%.  Full Article

Gentherm president and CEO announces retirement plans
Wednesday, 28 Jun 2017 04:05pm EDT 

June 28 (Reuters) - Gentherm Inc ::Gentherm president and ceo announces retirement plans.Says CEO and president Daniel R. Coker to retire.Gentherm Inc - ‍company's board of directors is presently engaged in a comprehensive search process to select a successor for Coker​.  Full Article

Gentherm posts Q1 earnings per share $0.69
Thursday, 27 Apr 2017 06:00am EDT 

April 27 (Reuters) - Gentherm Inc :Gentherm reports record quarterly revenues and 2017 first quarter results.Q1 revenue rose 16 percent to $249.3 million.Q1 earnings per share $0.69.Sees FY 2017 revenue up 5 to 10 percent.Q1 revenue view $240.1 million -- Thomson Reuters I/B/E/S.  Full Article

Gentherm Q4 earnings per share $0.71
Tuesday, 21 Feb 2017 06:00am EST 

Gentherm Inc : Gentherm reports 2016 fourth quarter and full year results . Q4 earnings per share $0.71 . Q4 revenue $236.5 million versus I/B/E/S view $237 million . Q4 earnings per share view $0.55 -- Thomson Reuters I/B/E/S . Sees FY 2017 revenue up 5 to 10 percent . Gentherm Inc - total cash as of december 31, 2016 was $177.2 million when compared with total cash of $144.5 million at December 31, 2015 . Fy2017 revenue view $981.9 million -- Thomson Reuters I/B/E/S . Gentherm Inc - organizational change will reduce annual expenses moving forward by $3.0 million .Gentherm-Expect reduction in expenses from organizational change to be more than offset by continued investments in operations.  Full Article

Gentherm announces retirement of chairman Oscar B. Marx, III
Thursday, 17 Nov 2016 11:00am EST 

Gentherm Inc : Gentherm Inc -Board of directors unanimously agreed to appoint Francois Castaing as new chairman of board effective as of 2017 .Gentherm announces retirement of chairman Oscar B. Marx, III.  Full Article

Gentherm Q3 earnings per share $0.55
Thursday, 27 Oct 2016 06:00am EDT 

Gentherm Inc : Expect full year 2016 revenue growth rate in range of 7 to 8% . We expect our full year 2016 revenue growth rate in range of 7 to 8% . Gentherm reports 2016 third quarter results . Q3 revenue $232.6 million versus I/B/E/S view $242.1 million . Sees FY 2017 revenue up 5 to 10 percent . Our preliminary outlook for 2017 calls for revenue growth in range of 5 to 10% . Qtrly earnings per share $ 0.55 . Q3 earnings per share view $0.55 -- Thomson Reuters I/B/E/S .FY 2016 revenue view $931.5 million -- Thomson Reuters I/B/E/S.  Full Article

Gentherm Q2 EPS $0.50
Thursday, 28 Jul 2016 06:00am EDT 

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

BRIEF-Gentherm Inc announces acquisition of Etratech

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