Gentherm (THRM) Misses Q3 EPS by 13c
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Gentherm Reports 2021 Third Quarter Results
October 28, 2021 6:00 AM EDTAutomotive Revenue Continued to Significantly Outperform Light Vehicle Production Secured $260 Million in New Automotive Awards Updates 2021 Guidance
NORTHVILLE, Mich., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management technologies, today announced its financial results for the third quarter ended September 30, 2021.
Third Quarter Highlights
Product revenues of $243.4 million decreased 6.2% from $259.5 million in the 2020 third quarterExcluding the impact of foreign currency translation, product revenues decreased 7.3% year over yearGAAP diluted earnings per share was $0.47 as compared to $0.73 in the... More