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Gentherm Inc (THRM.OQ)

THRM.OQ on NASDAQ Stock Exchange Global Select Market

42.90USD
22 Jan 2019
Change (% chg)

$-0.94 (-2.14%)
Prev Close
$43.84
Open
$43.50
Day's High
$43.78
Day's Low
$42.76
Volume
90,172
Avg. Vol
118,488
52-wk High
$50.30
52-wk Low
$30.20

Latest Key Developments (Source: Significant Developments)

Lear And Gentherm Launch Partnership To Develop Thermal Seating Solutions
Tuesday, 8 Jan 2019 08:00am EST 

Jan 8 (Reuters) - Gentherm Inc ::LEAR AND GENTHERM LAUNCH A JOINT DEVELOPMENT PARTNERSHIP TO ACCELERATE THE FUTURE OF THERMAL SEATING SOLUTIONS.LEAR CORP SAYS PARTNERSHIP FOR ADVANCED DEVELOPMENT OF AN INTEGRATED, MODULAR HEAT & COOL SOLUTION FOR CO'S INTU SEATING SYSTEM.  Full Article

Gentherm Announces Increase In Share Repurchase Authorization To $300 Mln
Monday, 25 Jun 2018 08:38am EDT 

June 25 (Reuters) - Gentherm Inc ::GENTHERM ANNOUNCES INCREASE IN SHARE REPURCHASE AUTHORIZATION TO $300 MILLION.GENTHERM INC - REMAINING AUTHORIZED REPURCHASE PLAN HAS BEEN EXTENDED UNTIL DECEMBER 2020.GENTHERM - AUTHORIZATION IS INCREASE TO EXISTING $100 MILLION STOCK PURCHASE PROGRAM THAT WAS AUTHORIZED BY BOARD IN DECEMBER 2016.GENTHERM INC - AS OF JUNE 25, THERE IS ABOUT $281.5 MILLION AVAILABLE FOR REPURCHASE UNDER REPURCHASE PLAN, AS AMENDED.  Full Article

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

BRIEF-Gentherm Partners With Rinspeed On Their Autonomous Concept Vehicle

* GENTHERM INC - ANNOUNCED PARTNERSHIP WITH RINSPEED ON THEIR AUTONOMOUS CONCEPT VEHICLE, MICROSNAP Source text for Eikon: Further company coverage: