Welcome to our dedicated page for Gentherm news (Ticker: THRM), a resource for investors and traders seeking the latest updates and insights on Gentherm stock.
Gentherm Inc (NASDAQ: THRM) is described by the company as a global market leader in thermal management and pneumatic comfort technologies for the automotive and medical sectors. The THRM news feed on Stock Titan aggregates company-issued announcements and third-party coverage so readers can follow how Gentherm’s climate comfort systems and patient temperature management products are performing across markets.
News about Gentherm frequently includes quarterly earnings results, where the company reports product revenues from its Automotive and Medical segments, details on automotive climate and comfort solutions, and updates to full-year guidance. These releases often highlight the volume of automotive new business awards, commentary on operational performance, and management’s discussion of factors such as material costs, supply chain conditions and foreign currency effects.
Investors and industry followers can also expect event-related updates, such as Gentherm’s participation in investor conferences hosted by firms including Baird, J.P. Morgan, Seaport and others. These announcements typically provide information on scheduled fireside chats, webcasts and replay availability.
For the Medical segment, news items may cover distribution partnerships and geographic expansion, such as Gentherm’s extended partnership with DUOMED to distribute its patient temperature management portfolio, including Astopad® and Vytil-branded convective warming systems, in additional European markets.
By reviewing the THRM news page regularly, readers can track developments in Gentherm’s automotive climate control seats, interiors, lumbar and massage comfort solutions, valve systems, and medical temperature management offerings, as well as the company’s strategic priorities, guidance updates and participation in key industry and investor events.
Gentherm (NASDAQ:THRM), a leader in thermal management technologies, has rescheduled its conference call to discuss Q3 2020 financial results to 11 am ET on October 29, 2020. Investors can dial in using the toll-free number 1-855-327-6837 or access via the webcast available on the company's website. A replay will be available two hours post-call until November 12, 2020 at 11:59 p.m. ET. Gentherm specializes in innovative thermal products across various sectors, employing over 11,000 personnel globally.
Gentherm (NASDAQ:THRM) announced a delay in its conference call scheduled to discuss third-quarter financial results for 2020 due to technical issues with their service provider. The company will inform stakeholders of the new date and time once a solution is in place.
Gentherm specializes in innovative thermal management technologies across various sectors, including automotive and medical applications, and employs over 11,000 people globally.
Gentherm (NASDAQ:THRM) reported a strong financial performance for Q3 2020, with product revenues reaching $259.5 million, an 8.1% year-over-year increase. The company achieved a record quarterly gross margin of 31.8% and adjusted EBITDA of $50.1 million, reflecting a 23.1% increase from the previous year. GAAP diluted earnings per share rose to $0.73, up from $0.48. New business awards in the automotive sector totaled $80 million. Despite macroeconomic uncertainties, Gentherm's performance underscores its strategic growth initiatives in thermal management solutions.
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.