Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
The latest announcement is out from Gentherm ( (THRM) ).
Gentherm, a leader in automotive thermal management technologies, reported a strong third quarter for 2024 with product revenues rising to $371.5 million, marking a 1.5% increase from the previous year. The company secured a record $600 million in new automotive business awards and saw a boost in its Climate and Comfort Solutions. Despite a drop in light vehicle production in key markets, Gentherm’s innovative solutions like ClimateSense® and ComfortScale™ are driving growth, with an improved adjusted EBITDA margin and significant shareholder returns through share repurchases.
For a thorough assessment of THRM stock, go to TipRanks’ Stock Analysis page.
