By Chris Wack
Gentherm shares were 9% higher, at $37.33, after the company narrowed its revenue guidance for 2025.
The auto parts company said it now expects to have full-year revenue of $1.47 billion to $1.49 billion, a tighter range than its previous guidance of $1.43 billion to $1.5 billion.
The company said its guidance is based on current tariffs, and flat to slightly increasing light vehicle production in its relevant markets for full-year 2025 versus 2024.
Revenue for the quarter was $386.9 million, compared with last year's $371.5 million and the $375.2 million analysts had forecast.
Earnings for the quarter were $14.9 million, or 49 cents a share, compared with earnings of $16 million, or 51 cents a share, in the same quarter last year. Analysts polled by FactSet were looking for earnings of $19.6 million, or 65 cents a share.
Adjusted earnings were 73 cents a share, compared with the 65 cents analysts were looking for.
Gentherm said it has secured new business awards totaling $745 million, and was selected by a global furniture brand to supply comfort products, with start of production expected in the first quarter of 2026.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
October 23, 2025 12:58 ET (16:58 GMT)
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