Gentherm Stock Price, News & Analysis

Gentherm (NASDAQ:THRM), a leader in thermal management technologies, announced that Phil Eyler, President and CEO, will present at Baird’s 2020 Global Industrial Conference on November 12, 2020, from 7:55 to 8:25 am (ET). This presentation will be available via a live audio webcast and a replay for 45 days on the company’s website. Gentherm specializes in heating and cooling systems for automotive and medical applications, employing over 11,000 people globally.

Gentherm (NASDAQ: THRM) has received FDA 510(k) clearance for its ASTOPAD Patient Warming System, designed to prevent and treat hypothermia during surgical procedures. This system, which has been used internationally since 1989, features a silent electronic controller and proprietary warming blankets with precise temperature settings ranging from 32°C to 39°C. The innovative carbon fiber heating technology ensures enhanced patient safety and reliability, making it suitable for hospital environments. The ASTOPAD system meets all relevant medical safety standards.

Gentherm (NASDAQ:THRM) will announce its third quarter 2020 financial results on October 29, 2020, at 6:00 a.m. ET. The company will host a conference call at 8:00 a.m. ET that same day to discuss the results. Interested parties can join the call via a toll-free number (1-877-407-4018) or an international dial-in number (1-201-689-8471). A live webcast will be available on Gentherm's website, along with a replay accessible after 2 hours of the call until November 12, 2020. Investors can find additional information and contact details in the release.

Gentherm (NASDAQ: THRM) announces that Phil Eyler, President and CEO, will participate in a virtual fireside chat at the CL King’s 18th Annual Best Ideas Conference on September 16, 2020, starting at 9:30 am ET. The session will be accessible via a live audio webcast, with a replay available for 45 days afterward on Gentherm’s Investor Relations website. Gentherm specializes in innovative thermal management technologies for automotive and medical applications, employing over 11,000 people globally.

Gentherm (NASDAQ:THRM) reported a significant decrease in product revenues for Q2 2020, falling 44.1% to $136.1 million, impacted heavily by the COVID-19 pandemic. The company experienced a GAAP diluted loss per share of $0.32, contrasting with a gain of $0.08 in Q2 2019. While operating expenses were reduced by 30%, Adjusted EBITDA plummeted to $0.1 million. Despite these challenges, Gentherm secured $300 million in new automotive business awards and saw growth in its Medical segment due to increased demand for temperature management solutions during the pandemic.

Gentherm (NASDAQ:THRM), a leader in thermal management technologies, will have its President and CEO, Phil Eyler, participating in a virtual fireside chat at the 2020 J.P. Morgan Auto Conference. The event takes place on August 11, 2020, starting at 12:20 pm (ET). A live audio webcast will be available, along with a replay for 45 days on Gentherm's Investor Relations page. The company specializes in heating and cooling technologies across automotive and medical sectors, with more than 11,000 employees globally.

Gentherm (NASDAQ:THRM) will announce its second quarter 2020 financial results on August 4, 2020, at 6:00 a.m. ET. A conference call is scheduled for the same day at 8:00 a.m. ET, providing investors with insights on performance. Interested parties can join by dialing toll-free 1-855-327-6837 or internationally at 1-631-891-4304, using the conference ID 10010358. A live webcast will also be available on Gentherm's Investor Relations website, with a replay accessible until August 18, 2020.

Gentherm (NASDAQ: THRM) has announced a partnership with ThermoAnalytics to enhance software aimed at improving human thermal comfort predictions in vehicles. This year-long collaboration focuses on personalized user experiences by accurately modeling individual comfort levels and incorporating moisture effects from sweat. The new advanced software will be integrated into Gentherm's Climate Control Seat (CCS®) and ClimateSense™ systems, allowing for better thermal management. The software enhancements will initially be available to select customers, reinforcing Gentherm's commitment to innovative thermal solutions.

Gentherm (NASDAQ: THRM) announced the appointment of David Heinzmann to its Board of Directors, effective August 11, 2020. Heinzmann, currently the President and CEO of Littelfuse, brings extensive experience and has previously led significant business transformations. His leadership at Littelfuse resulted in doubling the company's size over five years. Gentherm's leadership expressed confidence that Heinzmann's strategic insights will enhance their Focused Growth strategy and contribute to shareholder value.