The Traderszone Network

Published in TZ Latest News 1 May, 2014 by The TZ Newswire Staff

Gentherm’s Earnings Report Sends Stock To New High

Gentherm (THRM) hit a new high with panache Thursday after reporting better-than-expected earnings. The Northville, Minn.-based company reported EPS of 47 cents vs. estimates of 29 cents. That’s a 70% increase from the year-ago quarter. Revenue came in at $193.9 million against an estimate of $173.2 million. That’s a 31% increase. The stock rose 3.15 to close at 39.50. The company makes climate-control systems for cars and trucks.

read more