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Gentherm Inc - THRM STOCK NEWS

Welcome to our dedicated news page for Gentherm (Ticker: THRM), a resource for investors and traders seeking the latest updates and insights on Gentherm.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gentherm's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gentherm's position in the market.

Rhea-AI Summary
Gentherm announces Q3 financial results, delivering highest adjusted EBITDA in ten quarters and securing $520M in new automotive business awards. Automotive revenues increased 10% YoY. Adjusted diluted EPS was $0.64. Company updates 2023 guidance.
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-15.58%
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Gentherm wins Reuters D.R.I.V.E Honour for its ClimateSense Technology, offering energy savings of up to 69% in cold weather and 34% in hot weather testing. The technology can help reduce global CO2 emissions as the automotive industry shifts to electric vehicles.
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0.12%
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Gentherm to participate in fireside chat at 2023 Baird Global Industrial Conference
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0.66%
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Rhea-AI Summary
Gentherm to report Q3 2023 financial results and host conference call
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0.13%
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Gentherm appoints Dr. Ken Washington to its Board of Directors, bringing years of technology and strategy experience from global automotive and medical organizations.
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0.39%
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Attune Medical and Gentherm enter distribution agreement for esophageal cooling technology
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-1.65%
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Rhea-AI Summary
Gentherm (NASDAQ: THRM) welcomes Vishnu Sundaram as Senior Vice President and Chief Technology Officer, aiming to drive innovation and growth across the company's automotive and medical patient temperature management systems. Sundaram's extensive experience in connected services and global development positions him to lead Gentherm's technology strategy and product engineering.
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End-of-Day
-2.84%
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Gentherm (THRM) named finalist for 2023 Automotive News PACE Awards for its innovative ClimateSense® technology, delivering personalized comfort and energy efficiency in vehicles. The technology shows up to 69% energy savings in cold-weather testing and up to 34% energy savings in hot weather testing. Gentherm to supply ClimateSense on the 2024 Cadillac CELESTIQ.
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End-of-Day
0.07%
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Gentherm, a global leader in thermal management and pneumatic comfort technologies for the automotive industry, announced its financial results for Q2 2023. The company achieved record quarterly revenue of $372.3 million, a 42.8% increase from the previous year. Automotive revenues increased by 45.1% year over year. Gentherm secured new automotive business awards totaling $670 million in the quarter. The company reaffirmed its 2023 guidance.
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End-of-Day
10.52%
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Gentherm (NASDAQ: THRM) to participate in fireside chat at 2023 J.P. Morgan Auto Conference. President and CEO, Phil Eyler, and CFO Matteo Anversa to discuss at 11:50 a.m. (ET) in New York City. Live webcast and replay available on company's website.
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Rhea-AI Sentiment
End-of-Day
-0.37%
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conferences
Gentherm Inc

Nasdaq:THRM

THRM Rankings

THRM Stock Data

1.64B
29.27M
1.31%
105.19%
3.27%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Northville

About THRM

as a leader in thermal technology, we design, develop, and manufacture heating, cooling, and ventilating devices for diverse global markets. we expect that our proprietary thermal technologies will be used to create the next generation of thermal comfort and energy efficient products. with an emphasis on innovation, we are inventing, improving, and applying thermal technologies for emerging markets and applications. our broad patent portfolio leverages the advances we have made in all areas of thermal comfort and management, and our world-class team of scientists and engineers are dedicated to the continuous advancement of thermoelectrics for heating, cooling, and power generation. we are recognized by our largest automotive industry customers as a dependable and outstanding supplier of heated seating, climate seating, electronics, and cables. we successfully incorporate lean processes on a global scale, enabling us to provide value now and continual improvement for the future. w