secwatch.observer — SEC 8-K summary
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Issuer:     Gentherm Inc (THRM)
CIK:        0000903129
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000950170-23-055356
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gentherm Q3 product revenue $366.2M (+10% YoY); adjusted EPS $0.64 vs $0.70; record $520M in awards
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- Product revenues of $366.2M, up 10% YoY; auto revenues +10%, organic +3.1% ex-forex and Alfmeier.
- GAAP diluted EPS $0.48 vs $0.29 prior year; adjusted diluted EPS $0.64 vs $0.70.
- Secured $520M in new automotive business awards, a third-quarter record.
- Repurchased $11.1M of common stock during the quarter.
- Company updated full-year 2023 guidance (details in press release).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903129/000095017023055356/0000950170-23-055356-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903129/000095017023055356/thrm-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-055356

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