NORTHVILLE, Mich. (AP) — NORTHVILLE, Mich. (AP) — Gentherm Inc. (THRM) on Thursday reported a loss of $128,000 in its first quarter.
The Northville, Michigan-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for one-time gains and costs, came to 51 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share.
The maker of climate-controlled seats and other products posted revenue of $353.9 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $350.6 million.
Gentherm expects full-year revenue in the range of $1.4 billion to $1.5 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on THRM at https://www.zacks.com/ap/THRM
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。