Gentherm rises on Q2 results beat

Gentherm

01/08/2023 18:32

** Shares of auto parts maker Gentherm Inc  THRM.O  up 9.4%
at $65.41
    ** Co reports Q2 adj profit of 58 cents per share, topping
analysts expectations of 52 cents per share - Refinitiv 
    ** Q2 product rev of $372.3 mln, up 42.8% from $260.7 mln in
Q2 of 2022; also above analysts est. of $368.6 mln
    ** Co reaffirms 2023 Guidance
    ** THRM shares up 0.17% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))