Gentherm

Gentherm, Inc. engages in the designing, development, manufacturing, and marketing of heating, cooling, and ventilating devices. It operates through the following business segments: Automotive and Medical. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products. The Medical segment includes global power technologies business, and research and development division. The company was founded by Lon E. Bell in 1991 and is headquartered in Northville, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Gentherm reports record revenue and outlines strategic growth plan

Gentherm's strong 2022 performance driven by record revenue, acquisitions, and new business awards, with a focus on achieving high-teens EBITDA rates by 2026.
Strategic strengths lie in industry leadership, innovative product development, and partnerships in the EV market, while challenges include cost management and seasonal profitability impacts.
Opportunities abound in expanding product offerings, enhancing consumer experience, and driving growth through strategic imperatives, talent development, and technology leadership.
Overall, Gentherm's strategic plan positions the company for future success in automotive and medical thermal solutions, with a commitment to financial excellence and shareholder value.

Gentherm achieves record revenue and margin growth in Q1 2023

Gentherm's Q1 2023 performance reflects robust revenue growth and margin improvement.
Strong automotive wins and product launches position the company for future growth.
Strategic acquisitions and focus on EV solutions drive diversification and innovation.
Maintained guidance underscores confidence in sustained financial performance.

Gentherm reports record Q2 revenue growth and eyes strategic expansion

Gentherm's Q2 performance reflects robust growth, strategic initiatives, and market responsiveness, with a focus on profitability and expansion.
While facing challenges in certain segments and potential market disruptions, the company's strengths in innovation, market presence, and efficiency position it well for future growth.
Opportunities in expanding manufacturing capacity, leveraging the Chinese market, and precise sales guidance offer avenues for sustained growth and competitive advantage.

Gentherm reports record new business awards and revenue growth in Q3 2023

Gentherm's Q3 performance reflects robust growth in new business awards, revenue records, and financial metrics, underpinned by successful product launches and industry accolades.
The company's strengths in innovation, sustainability, and operational efficiency position it well for future growth and market expansion, despite facing challenges in a competitive landscape.
Strategic focus on operational execution, innovation, and shareholder value underscores Gentherm's commitment to long-term success and resilience in dynamic market conditions.

Gentherm achieves record revenue and partnerships, eyes EV market growth

Gentherm delivered strong financial performance in 2023, marked by record revenues, improved margins, and strategic partnerships with key automakers. While facing challenges in certain product lines, the company is poised to capitalize on opportunities in the EV market and innovative product offerings to drive future growth.

Gentherm excels in innovation and diversification amidst revenue challenges

Gentherm's Q1 2024 performance showcased resilience and innovation, securing significant new business awards and expanding into the medical segment, despite revenue challenges.
While facing revenue declines and market uncertainties, Gentherm's strengths in innovation, partnerships, and financial discipline position them well for long-term growth and market adaptation.
Challenges lie in sustaining revenue growth amidst market volatility and the need for clearer communication on strategic direction, while opportunities abound in further innovation, partnerships, and market expansion.
Overall, Gentherm's strategic focus on innovation, diversification, and operational efficiency sets a solid foundation for navigating market dynamics and driving sustainable growth in the future.

Gentherm reports record revenue and automotive wins, eyes growth opportunities

Gentherm delivered strong financial performance driven by record revenue and operational efficiency.
While facing challenges in production and EV market, the company remains well-positioned for growth.
Opportunities lie in expanding automotive solutions and strengthening medical business partnerships.
Overall, Gentherm's innovative technologies and diverse customer base support future growth prospects.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Gentherm, Inc. engages in the designing, development, manufacturing, and marketing of heating, cooling, and ventilating devices. It operates through the Automotive and Medical segments. The Automotive segment designs, develops, produces, and sells automotive seat comfort systems, specialized automotive cable systems, and automotive and non-automotive thermal convenience products. The Medical segment includes global power technologies business, and research and development division. The company was founded by Lon E. Bell in 1991 and is headquartered in Northville, MI.

NORTHVILLE, Mich., Dec. 21, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced that it will donate $250,000 over the next five years to the GreenLight Fund Detroit, an organization that raises and invests funds to help break down barriers to prosperity in high poverty areas.

Gentherm Commits $250,000 to Support GreenLight Fund Detroit

NORTHVILLE, Mich., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, today announced that Phil Eyler, President and CEO, will participate in a fireside chat at the 20th Annual J.P. Morgan Tech/Auto Forum in Las Vegas, Nev. on Wednesday, January 5, 2022. The fireside chat will begin at 3:05 pm PT (6:05 pm ET).

Gentherm to Participate in the 20th Annual J.P. Morgan Tech/Auto Forum

NORTHVILLE, Mich., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, was named a winner of a 2021 China Automobile and Parts Industry Development and Innovation Award for its innovative and proprietary Cell Connecting Systems with Mechanical Structuring Process (MSP) technology that is part of the company's Battery Performance Solutions (BPS). This award, sponsored by Automobiles and Parts Magazine, recognizes technology that deeply impacts the future development of the automotive industry.

Gentherm's Battery Performance Solution Wins 2021 Chinese Industry Development and Innovation Award

NORTHVILLE, Mich., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced that the Company has been awarded a Top Workplaces 2021 honor by The Detroit Free Press for its Michigan locations.

Gentherm Named A Winner of The Michigan Top Workplaces 2021 Award by The Detroit Free Press

NORTHVILLE, Mich., Oct. 29, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced the creation of the Gentherm Technology Advisory Council.

Gentherm Establishes New Technology Advisory Council

Gentherm's (THRM) CEO Phil Eyler on Q3 2021 Results - Earnings Call Transcript

Gentherm (THRM) delivered earnings and revenue surprises of -21.54% and -2.02%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Gentherm (THRM) Q3 Earnings and Revenues Miss Estimates

Automotive Revenue Continued to Significantly Outperform Light Vehicle Production  Secured $260 Million in New Automotive Awards  Updates 2021 Guidance

Gentherm Reports 2021 Third Quarter Results

NORTHVILLE, Mich., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced that the Company will present at the following Investor conferences during November 2021:

Gentherm to Present at Investor Conferences in November 2021

Gentherm (THRM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Gentherm (THRM) Q3 Earnings Expected to Decline

NORTHVILLE, Mich., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, will report its financial results for the third quarter 2021, at 6 a.m. (ET) on Thursday, October 28, 2021, and will host a conference call to discuss those results at 8 a.m. (ET) that same day.

Gentherm Announces Date for 2021 Third Quarter Results News Release and Conference Call

Jaymi Wilson named Senior Vice President of Global Sales, Marketing and Corporate Communications Yijing Brentano named Senior Vice President of Strategy, Corporate Development and Investor Relations

Gentherm Announces Global Sales and Strategy Leadership Changes

NORTHVILLE, Mich., Sept. 02, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, announced that it has invested in Forciot, a Finnish-based technology developer of sensors for touch, motion and force measurement.

Gentherm Invests in Electric Sensor Technology Company Forciot

NORTHVILLE, Mich., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced that Matteo Anversa, Executive Vice President, Chief Financial Officer and Treasurer, will participate in a virtual fireside chat at the CL King's 19th Annual Best Ideas Conference on Tuesday, September 14, 2021. The presentation will begin at 9:30 am (ET).

Gentherm to Participate in Virtual CL King's 19th Annual Best Ideas Conference

Gentherm Incorporated (THRM) CEO Phill Eyler on Q2 2021 Results - Earnings Call Transcript

Shares of Gentherm (NASDAQ:THRM) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 383.33% over the past year to $0.85, which beat the estimate of $0.67.

Gentherm: Q2 Earnings Insights

Automotive Revenue Significantly Outperformed Light Vehicle Production Secured $400 Million in New Automotive Awards Updates 2021 Guidance

Gentherm Reports 2021 Second Quarter Results

NORTHVILLE, Mich., July 28, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced that the Company has received its first production vehicle award for its ClimateSenseTM technology on an all-new 2024 model year electric vehicle with a global automaker.

Gentherm Receives First Production Vehicle Award for its ClimateSense™ Technology

NORTHVILLE, Mich., July 26, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, today announced that Phil Eyler, President and CEO, will participate in a virtual fireside chat at the 2021 J.P. Morgan Auto Conference on Wednesday, August 11, 2021. The presentation will begin at 8:55 am (ET).

Gentherm to Participate in Virtual J.P. Morgan Auto Conference

NORTHVILLE, Mich., July 06, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader and developer of innovative thermal management technologies, will report its financial results for the second quarter 2021, at 6 a.m. (ET) on Thursday, July 29, 2021, and will host a conference call to discuss those results at 8 a.m. (ET) that same day.

Gentherm Announces Date for 2021 Second Quarter Results News Release and Conference Call

Boyd Gaming

National Vision Hlds

Generac Holdings

Medifast

Here are five top-ranked liquid stocks -- Medifast (MED), Boyd Gaming (BYD), National Vision Holdings (EYE), Gentherm (THRM) and Generac Holdings (GNRC) -- which investors can tap for alluring returns.

5 Top-Ranked Liquid Stocks to Enrich Your Portfolio in 2021

NORTHVILLE, Mich., June 22, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, was named a GM Supplier of the Year winner in General Motors' 29th annual Supplier of the Year awards.

Gentherm Named a 2020 Supplier of the Year Winner by General Motors

NORTHVILLE, Mich., June 11, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, today announced that Phil Eyler, President and CEO, was named a finalist by Ernst & Young LLP (EY US) for the Entrepreneur Of The Year ® 2021 Michigan and Northwest Ohio Award. In its 35th year, the Entrepreneur Of The Year program is one of the preeminent competitive award programs which honors unstoppable entrepreneurs and business leaders of high-growth companies.

Gentherm President and CEO Phil Eyler Named EY Entrepreneur Of The Year® 2021 Michigan and Northwest Ohio Award Finalist

NORTHVILLE, Mich., May 18, 2021 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, was named a winner of a 2021 German Innovation Award for its innovative and proprietary Cell Connecting Systems with Mechanical Structuring Process (MSP) technology that is part of the company's Battery Performance Solutions (BPS). The German Innovation Awards honor products and solutions that differentiate themselves through their user centricity and added value when compared to earlier industry solutions.

Gentherm's Battery Performance Solution Wins 2021 German Innovation Award

Gentherm (THRM) has been struggling lately, but the selling pressure may be coming to an end soon

News for Gentherm Stock (THRM)