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The latest update is out from Thermon Group Holdings ( (THR) ).
Thermon reported its third quarter fiscal 2025 results on February 6, 2025, highlighting a revenue of $134.4 million and a net income increase of 17.1% to $18.5 million. The company emphasized its strategic focus on diverse end markets, recurring revenue streams, and operational excellence, which helped offset lower project-related revenues while maintaining strong financial discipline with a net leverage ratio of 1.1x.
More about Thermon Group Holdings
Thermon Group Holdings, Inc. is a global leader in industrial process heating solutions, focusing on recurring revenue streams from maintenance and repair spending across diverse end markets.
YTD Price Performance: -5.44%
Average Trading Volume: 180,817
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $907.8M
For an in-depth examination of THR stock, go to TipRanks’ Stock Analysis page.