---
schema_version: "secwatch.filing_event.v1"
accession: "0001489096-24-000023"
form_type: "8-K/A"
ticker: "THR"
cik: "0001489096"
company_name: "Thermon Group Holdings, Inc."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T10:56:26.920047+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Thermon Q3 FY2024 revenues $136.4M (+12%), EPS $0.46 (+86%); raises FY rev guidance to ~$490-500M

## Summary
- Record quarterly revenue of $136.4M, up 12% YoY, driven by US-LAM, Europe, and Asia Pacific.
- Net income $15.8M (+88%); GAAP EPS $0.46; adjusted EPS $0.59 (+13%).
- Gross margin expanded 80 bps to 42.1%; bookings $124.4M (book-to-bill 0.91x).
- Closed Vapor Power acquisition in Dec 2023; net debt/Adj. EBITDA at 1.5x within target.
- FY2024 revenue guidance raised to ~$490-500M; adj. EPS guidance $1.76-$1.84.

## SEC filing metadata
- accession: 0001489096-24-000023
- form_type: 8-K/A
- ticker: THR
- cik: 0001489096
- company_name: Thermon Group Holdings, Inc.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489096/000148909624000023/0001489096-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489096/000148909624000023/thr-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001489096-24-000023
- JSON: https://secwatch.observer/filing/0001489096-24-000023.json
- Plain text: https://secwatch.observer/filing/0001489096-24-000023.txt

## Key facts
- Earnings Releases
  Thermon Group Holdings, Inc. reported third quarter ("Q3 2024") of the fiscal year ending March 31, 2024 results: revenue $136.4 million, net income $15.8 million, EPS $0.46. Guidance reaffirmed.
  - Period: third quarter ("Q3 2024") of the fiscal year ending March 31, 2024
  - Revenue: $136.4 million
  - Net income: $15.8 million
  - EPS: $0.46
  - Guidance: reaffirmed
  - Result: reported results
  source text: year ending March 31, 2024 ("Fiscal 2024"). Key highlights for Q3 2024 as compared to the three months ended December 31, 2022 ("Q3 2023") include: • Produced record revenue of $136.4 million, an increase of 12%, driven by sales growth in US-LAM, Europe and Asia Pacific • Realized fully diluted GAAP earnings per share ("EPS") of $0.46 and record non-GAAP adjusted EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489096/000148909624000023/0001489096-24-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.