Gentherm soars after Q2 beat and raised outlook
Seeking Alpha ·
Gentherm ( THRM ) surged about 20.3% on Thursday after reporting second-quarter results that beat analyst expectations and raising its full-year guidance. The thermal management company posted adjusted earnings per share of $0.75, topping the consensus estimate of $0.64, while revenue came in at $416.2 million, up 11% year
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Gentherm (THRM) jumped 20.3% after 2Q earnings release. The company delivered unexpectedly adjusted profit and raised full-year guidance.
상승 영향
- Semiconductors — Given Gentherm's thermal management technology is essential for semiconductor manufacturing, the semiconductor industry is expected to be positively affected.
- Electric Vehicles — Gentherm's thermal management technology is important for electric vehicle battery management, so the electric vehicle industry is expected to be positively affected.
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