THRM Stock Recent News

William Presley and Jonathan Douyard received inducement RSU grants in accordance with their offer letters and pursuant to Nasdaq Rule 5635(c)(4) William Presley and Jonathan Douyard received inducement RSU grants in accordance with their offer letters and pursuant to Nasdaq Rule 5635(c)(4)

Gentherm Incorporated shares fell 7.8% after Q4 2024 results missed expectations, with revenue and earnings declining and disappointing 2025 guidance. The automotive segment struggled, with revenue dropping 4.3%, while the Medical segment saw an 8.1% revenue increase, though it remains a small part of the business. Despite weak sales and profitability metrics, Gentherm shares are attractively priced on an absolute basis but fairly valued compared to peers.

Gentherm Incorporated (NASDAQ:THRM ) Q4 2024 Earnings Conference Call February 19, 2025 8:00 AM ET Company Participants Gregory Blanchette - Senior Director of Investor Relations Bill Presley - President and Chief Executive Officer Jonathan Douyard - Executive Vice President and Chief Financial Officer Conference Call Participants Matthew Koranda - ROTH Capital Partners LLC Luke Junk - Robert W. Baird & Co. Ryan Brinkman - JPMorgan Chase & Co. Matthew Raab - Craig-Hallum Capital Group Operator Greetings, and welcome to the Gentherm Fourth Quarter and Full-Year 2024 Earnings Conference Call.

U.S. stock futures were lower this morning, with the Dow futures falling over 100 points on Wednesday.

Gentherm (THRM) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.90 per share a year ago.

Achieved 61% Year Over Year Net Income Growth; Record Annual Adjusted EBITDA of $183M Secured Annual Automotive New Business Awards of $2.4 Billion Establishes 2025 Guidance

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.

NORTHVILLE, Mich., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, will report its financial results for the fourth quarter and year-end 2024 on Wednesday, February 19, 2025, and will host a conference call to discuss those results at 8 am (ET) that same day.

Thwarted expectations of up to 4 rate cuts in 2025 have sent US stocks tumbling down in recent days.

Seasoned Executive with Specialty Vehicle, Technology and Industrial Background Will Complement Executive Team Seasoned Executive with Specialty Vehicle, Technology and Industrial Background Will Complement Executive Team