Brief: Gentherm Reports Q2 Adjusted EPS $0.25

Gentherm

02/08/2022 11:12

Aug 2 (Reuters) - Gentherm Inc  THRM.O :
    * GENTHERM REPORTS 2022 SECOND QUARTER RESULTS AND ANNOUNCES
NEW
CLIMATESENSE™ AWARD
    * Q2 GAAP EARNINGS PER SHARE $0.21
    * Q2 ADJUSTED EARNINGS PER SHARE $0.25
    * QTRLY PRODUCT REVENUES OF $260.7 MILLION DECREASED 2.0%
FROM
$266.0 MILLION IN Q2 OF 2021
    * SEES FY 2022 CAPITAL EXPENDITURES BETWEEN $50 MILLION AND
$60
MILLION
    * COMPANY UPDATES ITS FULL-YEAR 2022 GUIDANCE
    * SEES FY 2022 PRODUCT REVENUES BETWEEN $1.15 BILLION AND
$1.25
BILLION
    * SEES FY 2022 ADJUSTED EBITDA BETWEEN 10% AND 12% OF
PRODUCT
REVENUES
    * Q2 EARNINGS PER SHARE VIEW $0.42, REVENUE VIEW $258.8
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $1.14 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9lVjpP 
Further company coverage:  THRM.O 

 ((Reuters.Briefs@thomsonreuters.com;))