Gentherm (THRM) Falls as Q2 Results Miss View
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Gentherm Reports 2016 Second Quarter And Six-Month Results
July 28, 2016 6:01 AM EDTNORTHVILLE, Mich., July 28, 2016 /PRNewswire/ -- Gentherm (NASDAQ-GS: THRM), the global market leader and developer of innovative thermal management technologies, today announced its financial results for the second quarter ended June 30, 2016.
Revenues for the 2016 second quarter and first six months increased 9.0 percent and 6.7 percent, respectively, to $232.7 million and $448.4 million from $213.4 million and $420.4 million for the comparable prior year periods.Â
"Our overall topline growth of 9 percent included promising strength in several of our businesses and product lines, including our new Cincinnati Sub Zero (CSZ) subsidiary, our heated seats, heated and... More
