secwatch.observer — SEC 8-K summary
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Issuer:     Thermon Group Holdings, Inc. (THR)
CIK:        0001489096
Form:       8-K
Filed at:   2023-05-25T23:59:59+00:00
Accession:  0001489096-23-000062
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 record Q4 revenue $122.5M, adj. EPS $0.41; FY2024 guidance $455-485M
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- Q4 revenue $122.5M (+19% YoY), record quarterly bookings $132.1M; FY revenue $440.6M (+24% YoY) record.
- Q4 Adj. EBITDA $25.1M (+37% YoY), margin 20.5%; FY Adj. EBITDA $93.3M (+60% YoY), margin 21.2%.
- FY2024 guidance: revenue $455-485M, GAAP EPS $1.45-$1.61, Adj. EPS $1.66-$1.82.
- Russia Exit charges $4.5M in Q4; withdrawal expected to complete by end of Q2 FY2024.
- Net debt/EBITDA improved to 0.8x from 1.5x; available liquidity $122.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489096/000148909623000062/0001489096-23-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489096/000148909623000062/thr-20230525.htm
  HTML page:      https://secwatch.observer/filing/0001489096-23-000062

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