Thermon Group Holdings ( (THR) ) has provided an announcement.
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Thermon Group Holdings reported a 7% revenue decline in Q2 2025, with revenues of $114.6 million and a net income drop of 35%. Despite challenges in large project revenues, Thermon saw a 13% increase in new orders, reflecting strong strategic execution. The company remains optimistic about its growth prospects, driven by trends like decarbonization and electrification, and has adjusted its 2025 revenue guidance to $495-$515 million while maintaining strong financial discipline and liquidity.
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