Gentherm Reports 2019 Fourth Quarter and Full Year Results
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Gentherm (THRM) Tops Q4 EPS by 35c, Revenues Beat
February 19, 2020 6:09 AM ESTGentherm (NASDAQ: THRM) reported Q4 EPS of $0.65, $0.35 better than the analyst estimate of $0.30. Revenue for the quarter came in at $230.38 million versus the consensus estimate of $225.65 million.
Fourth Quarter Highlights
Product revenues of $230.4 million decreased 10.0% from $256.0 million in the 2018 fourth quarter. Excluding the impact of foreign currency translation and divested assets, product revenues declined 2.9% year over yearAutomotive revenues, excluding the impact of foreign currency translation, decreased 4.6% year over yearGAAP diluted earnings per share was $0.32 as compared with earnings per share of $0.36 for the... More