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Executive Changes - Gentherm's Executive Vice President, Chief Financial Officer, and Treasurer, Matteo Anversa, has resigned effective September 1, 2024, to accept the role of Chief Financial Officer at Logitech International [1] - The company has initiated a CFO succession process, chaired by the President and CEO, and will provide updates as appropriate [3] Leadership Impact - Matteo Anversa contributed significantly to Gentherm over the past five and a half years, including driving organizational change, implementing the Fit-For-Growth strategy, executing the successful Alfmeier acquisition, and growing the finance and IT teams [2] - Under Anversa's leadership, Gentherm achieved record revenues, expanded profitability, and secured new business wins that will contribute to future growth [3] Company Overview - Gentherm is the global market leader in innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems [5] - The company's automotive products include Climate Control Seats, heated automotive interior systems, battery performance solutions, and other electronic devices, while its medical products include patient temperature management systems [5] - Gentherm employs over 14,000 people across facilities in the United States, Germany, China, and several other countries [5]

NORTHVILLE, Mich., Aug. 06, 2024 (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, today announced that its Executive Vice President, Chief Financial Officer and Treasurer, Matteo Anversa, has resigned effective September 1, 2024 to accept the role of Chief Financial Officer of Logitech International. "On behalf of our employees, o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 0-21810 GENTHERM INCORPORATED (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12( ...

Gentherm Incorporated (NASDAQ:THRM) Q2 2024 Results Conference Call July 31, 2024 8:00 AM ET Company Participants Greg Blanchette - Senior Director, Investor Relations Phil Eyler - CEO Matteo Anversa - CFO Conference Call Participants Matt Koranda - Roth Capital Partners LLC Luke Junk - Baird Matthew Raab - Craig-Hallum Operator Greetings and welcome to the Gentherm’s Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session w ...

Gentherm (THRM) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 6.45%. A quarter ago, it was expected that this maker of climate-controlled seats and other products would post earnings of $0.43 per share when it actually produced earnings of $0.62, delivering a surprise of 44.19%. Ove ...

| --- | --- | --- | |-------|------------------------------------------------------------------------------------------------------------------|--------------| | | | | | | | Exhibit 99.1 | | | Gentherm Reports 2024 Second Quarter Results | | | | Record Quarterly Revenue of $376 Million Highest Quarterly Operating Income in Three Years | | Second Quarter Highlights Phil Eyler, the Company's President and CEO, said, "The financial and operating results of the second quarter demonstrate the continued strong ex ...

NORTHVILLE, Mich., July 31, 2024 (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, today announced its financial results for the second quarter ending June 30, 2024. Product revenues of $375.7 million increased 0.9% from $372.3 million in the second quarter of 2023. Excluding the impact of foreign currency translation, product reve ...

NORTHVILLE, Mich., July 18, 2024 (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, today announced that Phil Eyler, President and CEO, and Matteo Anversa, Executive Vice President of Finance, Chief Financial Officer and Treasurer, will participate in a fireside chat at the 2024 J.P. Morgan Auto Conference in New York City on Thurs ...

Webcast A live webcast and one-year archived replay of the call can be accessed on the Events page of the Investor Relations section of Gentherm's website at www.gentherm.com. NORTHVILLE, Mich., July 10, 2024 (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 second quarter 2024 on Wednesda ...