secwatch.observer — SEC 8-K summary
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Issuer:     Thermon Group Holdings, Inc. (THR)
CIK:        0001489096
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001489096-24-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thermon posts record FY2024 revenue $494.6M; guides FY2025 rev $527-553M
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- Q4 revenue $127.7M (+4% YoY); GAAP EPS $0.29 (+26%); net income $10.1M (+31%).
- FY2024 record revenue $494.6M (+12%); adj. EBITDA $104.2M (+12%); adj. EPS $1.82 (+17%).
- Diversified end markets 68% of FY2024 revenue; Vapor Power acquisition contributed $10.9M in Q4.
- FY2025 guidance: revenue $527-553M (midpoint +9%); adj. EBITDA $112-120M; adj. EPS $1.90-2.06.
- Completed Russia Exit; net debt/adj. EBITDA 1.2x; available liquidity $141.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1489096/000148909624000094/0001489096-24-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1489096/000148909624000094/thr-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001489096-24-000094

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