Gentherm Posts 33c Adjusted EPS for Third Quarter
THRM is trading near its 52-week low of $27 (7.4% above the low).
Summary
Gentherm reported third-quarter adjusted earnings of 33 cents per share, alongside a net loss of $2.59M, or 8 cents per share, the first look at results since closing the Modine Performance Technologies merger on October 1. That deal added 23.7 million shares and a $2.07 special dividend, so the share count and cost base are now materially different from the record $416.2M Q2 revenue base. The headline gives only the adjusted EPS and loss figures — no revenue or guidance — so the read-through is limited until the full release. Watch for the complete results and any update to the 2026 outlook that was raised in July alongside the $400M buyback.
At the time of this announcement, THRM was trading at $29.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.5B. The 52-week trading range was $27.00 to $48.35. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.