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 ...

| --- | --- | --- | |-------|------------------------------------------------------------------------------------------------------------------|--------------| | | | | | | | 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 ...

Agreement expected to help develop next generation of innovative products, elevate customer vehicle experiences, and improve everyday life The collaboration also features a dedicated delivery center to augment Gentherm's development of software and technologies that aim to improve agility, scalability, and efficiency in its product development. "One of the keys to unlocking innovation is creating a culture of collaboration among automakers, suppliers and technology companies," said Vishnu Sundaram, Gentherm ...

The new program will take effect upon the conclusion of Gentherm's current program that began in 2020. As of June 4, 2024, the current stock repurchase program had approximately $26 million of repurchase authorization remaining. "The new stock repurchase program reflects the Board of Director's confidence in Gentherm's future performance and our ability to generate strong cash flow," said Phil Eyler, President and CEO. "This program demonstrates our commitment to driving value for our shareholders." NORTHVI ...

NORTHVILLE, Mich., June 05, 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 Board of Directors authorized a new stock repurchase program of $150 million of the Company's issued and outstanding common stock. The new program will take effect upon the conclusion of Gentherm's current program that began ...

Investor Contact Gregory Blanchette investors@gentherm.com 248.308.1702 NORTHVILLE, Mich., June 04, 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 the Company has received its first production vehicle award for its Puls.A™ technology on a future Hyundai Genesis full-size SUV. Gentherm's proprietary Puls ...

Gregory Blanchette investors@gentherm.com 248.308.1702 Media Contact Melissa Fischer media@gentherm.com 248.289.9702 NORTHVILLE, Mich., May 24, 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 ...