secwatch.observer — SEC 8-K summary
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Issuer:     Gentherm Inc (THRM)
CIK:        0000903129
Form:       8-K
Filed at:   2025-02-19T23:59:59+00:00
Accession:  0000950170-25-022749
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gentherm Q4/FY2024: revenue down slightly, net income up 61%, record Adj. EBITDA $183M; 2025 guidance set
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- Q4 product revenues $352.9M (-3.8% YoY); FY product revenues $1,456.1M (-0.9% YoY).
- GAAP diluted EPS Q4 $0.49 (vs $0.56); FY $2.06 (vs $1.22); adjusted EPS Q4 $0.29 (vs $0.90), FY $2.33 (vs $2.59).
- Record annual Adjusted EBITDA of $182.9M, up 1.3% YoY; automotive new business awards totaled $2.4B.
- Repurchased $50.2M of common stock; maintained net leverage ~0.5x.
- 2025 guidance established; supplemental materials furnished as Exhibit 99.2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903129/000095017025022749/0000950170-25-022749-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903129/000095017025022749/thrm-20250219.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-022749

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