Gentherm Reports 2020 First Quarter Results
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Gentherm (THRM) Tops Q1 EPS by 5c, Revenues Miss
May 7, 2020 6:19 AM EDTGentherm (NASDAQ: THRM) reported Q1 EPS of $0.51, $0.05 better than the analyst estimate of $0.46. Revenue for the quarter came in at $228.61 million versus the consensus estimate of $240.15 million.
First Quarter Highlights
Product revenues of $228.6 million decreased 11.4% from $257.9 million in the 2019 first quarter. Excluding the impact of foreign currency translation, product revenues decreased 10.1% year over year; excluding the impact of foreign currency translation and divested assets, product revenues decreased 7.5% year over... More