Welcome to our dedicated page for Thermon Group Hldgs news (Ticker: THR), a resource for investors and traders seeking the latest updates and insights on Thermon Group Hldgs stock.
Thermon Group Holdings Inc (THR) delivers engineered thermal solutions for global industrial sectors through its specialized heat tracing technologies and process heating expertise. This news hub provides investors and professionals with essential updates on the company's financial performance, product innovations, and strategic initiatives.
Access timely reports on quarterly earnings, facility expansions, and technological advancements in industrial temperature management. Our curated collection includes announcements regarding new contracts, safety certifications, and sustainability efforts shaping Thermon's position in energy, chemical processing, and infrastructure markets.
Key updates cover developments in electric heat tracing systems, digital monitoring solutions, and partnerships with engineering firms. Stay informed about regulatory compliance achievements and R&D investments driving efficiency in pipeline maintenance and industrial process safety.
Bookmark this page for consolidated access to Thermon's official communications and market analyses. Check regularly for insights into how the company maintains its leadership in mission-critical thermal management solutions across 50+ countries.
Thermon (NYSE:THR) reported Q1 fiscal 2026 results with mixed performance. Revenue decreased 5.4% to $108.9 million, while net income increased 1.2% to $8.6 million. The company maintained a strong gross margin of 44.1%, up 30 basis points year-over-year despite revenue decline.
Key operational metrics include new orders of $120.7 million with a book-to-bill ratio of 1.11x, and record backlog of $252.2 million, up 27.1% year-over-year. The company's financial position remains solid with a net leverage ratio of 1.0x and $130.8 million in total cash and available liquidity.
Thermon confirmed its fiscal 2026 guidance with revenue projected between $495-535 million and Adjusted EBITDA of $104-114 million. The company continued its share repurchase program, investing $9.8 million during Q1.
Thermon Group Holdings (NYSE:THR) has scheduled its first quarter fiscal 2026 earnings conference call for August 7, 2025. The company will release its financial results before market open, followed by a conference call at 10:00 a.m. Central Time.
The call will be hosted by CEO Bruce Thames and CFO Jan Schott, featuring a Q&A session for investment professionals. The event will be accessible via webcast on Thermon's investor relations website, with dial-in numbers provided for participants: (877) 407-5976 (US/Canada) and (412) 902-0031 (International). A replay will be available on the company's IR website after the call.
Thermon (NYSE:THR) has launched two new liquid load bank solutions: Poseidon™ (for US markets) and Pontus™ (for non-US markets), designed for data center commissioning and validation. These systems can simulate thermal and electrical demand for High Performance Computing (HPC) environments with capacity ratings up to 600kW.
The load banks feature modular design allowing over 100 units to connect in series, comprehensive monitoring systems, and mobility for rapid deployment. The products are certified to multiple standards including UL, CSA, CE, and ASME, targeting the growing AI and data center infrastructure market.
Thermon Group Holdings (NYSE:THR), a global leader in industrial process heating solutions, has appointed Thomas Cerovski as Senior Vice President and Chief Operating Officer, effective July 1, 2025. Cerovski, who will continue reporting to CEO Bruce Thames, has served as the company's Senior Vice President of Global Business Units since 2019.
In his expanded role, Cerovski will focus on executing key strategic pillars including growing the installed base for recurring revenue and driving growth in Decarbonization, Digitization, and Diversification initiatives. He brings over 30 years of energy and industrial industry leadership experience, having previously held positions at Trojan Battery Company, Dover Corporation, General Electric Company, and the Nuclear Regulatory Commission.
Cerovski holds a B.S. from Montana State University, an M.S. from Purdue University, and an M.B.A. from George Washington University. His appointment aims to support Thermon's next phase of growth and long-term value creation framework.
Thermon Group Holdings (NYSE:THR) has announced it will release its financial results for the fourth quarter and full year ended March 31, 2025 before market opening on Thursday, May 22, 2025. The company will host a conference call at 10:00 a.m. Central Time, featuring President and CEO Bruce Thames and CFO Jan Schott.
Investors can join the Q&A session by dialing (877) 407-5976 from the US/Canada or (412) 902-0031 internationally. The call will be webcast on Thermon's investor relations website, with a replay available afterward.
Thermon (NYSE:THR) reported Q3 fiscal 2025 results with revenue of $134.4 million, down 1.5% year-over-year. Despite revenue decline, gross profit increased 8.2% to $62.1 million, with gross margin improving to 46.2%. Net income grew 17.1% to $18.5 million, or $0.54 per diluted share.
The company saw strong growth in OPEX revenues and contributions from Vapor Power and F.A.T.I. acquisitions, which helped offset a 45% decline in large project revenue. New orders reached $138.6 million, up 11.4%, with a book-to-bill ratio of 1.03x. Backlog stood at a record $236 million, up 48% from last year.
Financial position remained strong with net leverage ratio of 1.1x and total cash and available liquidity of $136.4 million. The company has repurchased $6.2 million in common shares, with $43.5 million remaining under its authorization.
Thermon Group Holdings (NYSE:THR) has announced it will release its third quarter fiscal 2025 financial results on Thursday, February 6, 2025, before market opening. The results will cover the period ended December 31, 2024.
The company will host a conference call and webcast at 10:00 a.m. Central Time on the same day. Bruce Thames, President and CEO, and Jan Schott, Senior VP and CFO, will lead the call. Investment professionals can participate in the Q&A session by dialing 877-407-5976 (US/Canada) or +1 412-902-0031 (international). The webcast will be available on Thermon's investor relations website, with a replay accessible after the call.
Thermon Group Holdings reported Q2 FY2025 results with revenue of $114.6 million, down 7.4% year-over-year. Net income decreased 35.4% to $9.5 million, with earnings per diluted share of $0.28. The company saw strong order growth of 12.6% to $131.1 million, resulting in a book-to-bill ratio of 1.14x and record backlog of $215 million. Due to project delays and macro uncertainty, Thermon updated its FY2025 guidance to revenue of $495-515 million and Adjusted EBITDA of $105-110 million. The company maintains a strong balance sheet with net leverage of 1.3x and total liquidity of $129.8 million.
Thermon (NYSE:THR) reported Q2 FY2025 results with revenue of $114.6 million, down 7.4% year-over-year. Net income decreased 35.4% to $9.5 million, with earnings per diluted share of $0.28. The company saw strong order growth of 12.6% to $131.1 million, achieving a book-to-bill ratio of 1.14x and record backlog of $215 million.
Due to extended backlog conversion timing and large project delays, Thermon updated its FY2025 guidance, lowering revenue expectations to $495-515 million. The company maintains strong financial position with net leverage of 1.3x and total cash and available liquidity of $129.8 million.
Thermon Group Holdings (NYSE:THR) announced it will release its second quarter fiscal 2025 financial results for the period ended September 30, 2024, before market opening on Thursday, November 7, 2024. The company will host a conference call and webcast at 10:00 a.m. Central Time, featuring President and CEO Bruce Thames and CFO Jan Schott. Investment professionals can participate in the Q&A session by dialing specific numbers for US/Canada and international callers. A replay will be available on Thermon's investor relations website after the call.
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