secwatch.observer — SEC 8-K summary
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Issuer:     Gentherm Inc (THRM)
CIK:        0000903129
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000950170-23-036138
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gentherm Q2 revenue $372.3M (+42.8% YoY); adjusted EPS $0.58 vs $0.25; record awards $670M
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- Record quarterly product revenue of $372.3M, up 42.8% YoY (43.4% constant currency); automotive revenue +45.1%.
- GAAP diluted EPS $(0.05) vs $0.21 in prior-year period; adjusted diluted EPS $0.58 vs $0.25.
- Secured $670M in new automotive awards, a quarterly record; organic automotive revenue (ex-Alfmeier/FX) +19.6%.
- Repurchased $10.0M of common stock; full-year 2023 guidance reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903129/000095017023036138/0000950170-23-036138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903129/000095017023036138/thrm-20230801.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-036138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer