Gentherm (THRM) Reports Q1 EPS of 84c, Revenue of $393.7M

AI Summary

Gentherm Incorporated (THRM) reported Q1 adjusted EPS of 84c, surpassing the 51c consensus. Revenue for the quarter stood at $393.7M, exceeding expectations of $362.23M. The company maintains its 2026 revenue guidance, projecting between $1.5B and $1.6B compared to a $1.54B consensus, with adjusted EBITDA expectations of $175M to $195M. Gentherm's performance is attributed to improved volumes and strategic developments following its merger with Modine Performance Technologies, marking a potential shift in market positioning.