Gentherm reports Q3 adjusted EPS 75c, consensus 66c

Reports Q3 revenue $371.5M, consensus $373.68M. Phil Eyler, the company’s President and CEO, said, “The financial and operating results of the third quarter reflect the continued momentum of our strategy to bring innovation and unique solutions to our customers. Our Automotive Climate and Comfort Solutions revenue outperformed actual light vehicle production in our key markets by nearly 800 basis points. We achieved quarterly automotive new business awards of $600 million, a third quarter record, keeping us on track for annual awards of over $2 billion for the second consecutive year.”