secwatch.observer — SEC 8-K summary
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Issuer:     Thermon Group Holdings, Inc. (THR)
CIK:        0001489096
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0001489096-22-000056
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thermon reports Q4 revenue up 40% to $102.6M; net income $8.7M, initiates FY2023 guidance
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- Revenue $102.6M (+40% YoY); net income $8.7M vs loss $1.1M; GAAP EPS $0.26, adjusted EPS $0.31.
- Adjusted EBITDA $18.3M (+214% YoY); orders up 42%; backlog $156.2M (+37%).
- Full-year FY2022 revenue $355.7M (+29%), net income $20.1M vs $0.9M, adjusted EBITDA $58.5M (+61%).
- FY2023 guidance: revenue $350-$380M (ex one-time contract); GAAP EPS $0.74-$0.89.
- Diverse end-markets now 60% of revenue; six Genesis Network orders; 11 new products introduced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489096/000148909622000056/0001489096-22-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489096/000148909622000056/thr-20220526.htm
  HTML page:      https://secwatch.observer/filing/0001489096-22-000056

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