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Gentherm Announces Participation in Baird Global Industrial Conference
Globenewswire· 2025-11-04 21:30
Core Insights - Gentherm is scheduled to participate in the Baird Global Industrial Conference, highlighting its position as a leader in thermal management and pneumatic comfort technologies [1][2]. Company Overview - Gentherm (NASDAQ: THRM) is recognized as a global market leader in innovative thermal management and pneumatic comfort technologies, with a diverse product range including Climate Control Seats (CCS®), Climate Control Interiors (CCI™), and medical temperature management systems [4]. - The company employs over 14,000 individuals across 13 countries and reported annual sales of approximately $1.5 billion in 2024, alongside securing $2.4 billion in new automotive business awards [4]. Event Details - The fireside chat at the Baird Global Industrial Conference will feature Bill Presley, President and CEO, and Jon Douyard, Executive Vice President and CFO, scheduled for November 11, 2025, at 9:05 a.m. (CT) [2]. - A live webcast of the event will be available, with a replay accessible for 90 days post-presentation on Gentherm's Investor Relations website [3].
Gentherm Reports 2025 Third Quarter Results
Globenewswire· 2025-10-23 10:00
Core Insights - Gentherm achieved record quarterly revenue of $387 million and strong year-to-date operating cash flow of $88 million [1][5] - The company secured $745 million in new automotive business awards during the quarter, contributing to a projected total of over $2 billion for the year [2][5] - Full-year revenue guidance for 2025 has been raised, with product revenues now expected to be between $1.47 billion and $1.49 billion [4] Financial Performance - Product revenues increased by 4.1% year-over-year, from $371.5 million to $386.9 million, with automotive revenues rising by 2.5% [5][21] - Gross margin decreased to 24.6% from 25.5% in the prior year, primarily due to higher material costs and one-time adjustments [5][21] - Net income for the quarter was $14.9 million, down from $16.0 million in the previous year, while adjusted EBITDA was $49.0 million, or 12.7% of revenue [5][21] Strategic Initiatives - The company is expanding into adjacent markets, including a partnership with a global furniture brand to supply comfort solutions, with production expected to start in Q1 2026 [4][5] - Operational excellence initiatives are contributing to strong cash generation, with year-to-date cash flow from operations reaching $87.8 million, up from $73.1 million in the prior year [5][21] Guidance and Outlook - Revised guidance for 2025 includes an adjusted EBITDA margin rate of 11.9% to 12.3% and capital expenditures reduced to $45 million to $55 million [4] - The company remains focused on executing its strategic priorities and positioning itself for long-term value creation [4][2]
Gentherm Announces Participation in J.P. Morgan Auto Conference and Seaport Annual Summer Investor Conference
Globenewswire· 2025-08-04 20:30
Core Viewpoint - Gentherm, a leader in thermal management and comfort technologies, is actively engaging with investors through upcoming events in Q3 2025, highlighting its commitment to transparency and investor relations [1][2][3]. Company Overview - Gentherm (NASDAQ: THRM) specializes in innovative thermal management and pneumatic comfort technologies, with a diverse product range including Climate Control Seats (CCS®), Climate Control Interiors (CCI™), and medical temperature management systems [4]. - The company employs over 14,000 individuals across 13 countries and reported annual sales of approximately $1.5 billion in 2024, alongside securing $2.4 billion in new automotive business awards [4]. Upcoming Events - Gentherm will participate in the J.P. Morgan Auto Conference in New York City on August 12, 2025, featuring a fireside chat with key executives [2]. - A live audio webcast of the fireside chat will be available, with a replay accessible for 30 days on Gentherm's Investor Relations website [3]. - Additionally, Gentherm management will host investors at the Seaport Research Partners Annual Summer Investor Conference on August 19, 2025 [3].
Gentherm Announces Date for 2025 Second Quarter News Release and Conference Call
Globenewswire· 2025-07-09 20:30
Company Overview - Gentherm (NASDAQ: THRM) is a global market leader in innovative thermal management and pneumatic comfort technologies [4] - The company offers automotive products such as Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems [4] - In the medical sector, Gentherm provides patient temperature management systems [4] - The company employs over 14,000 people across 13 countries [4] Financial Performance - Gentherm recorded annual sales of approximately $1.5 billion in 2024 [4] - The company secured $2.4 billion in new business awards in the automotive sector [4] Upcoming Events - Gentherm will report its financial results for the second quarter of 2025 on July 24, 2025 [1] - A conference call to discuss these results will take place at 8 am (ET) on the same day [1]
Gentherm Announces Participation in Upcoming Second Quarter 2025 Investor Conferences
Globenewswire· 2025-05-28 20:30
Company Overview - Gentherm is a global market leader in innovative thermal management and pneumatic comfort technologies, with a focus on automotive and medical products [4] - The company recorded annual sales of approximately $1.5 billion in 2024 and secured $2.4 billion in automotive new business awards [4] Upcoming Events - Gentherm will participate in the Baird Global Consumer, Technology & Services Conference on June 4, 2025, featuring a fireside chat with CEO Bill Presley and CFO Jon Douyard [2] - A live audio webcast of the fireside chat will be available, with a replay accessible for 90 days on Gentherm's Investor Relations website [3] - Additional conferences include the Stifel Cross Sector 1x1 Conference on June 3, 2025, and the Wells Fargo Industrials & Materials Conference on June 10, 2025 [5]