earnings
confidence high
sentiment negative
materiality 0.75
Thermon Q2 revenue down 7.4% to $114.6M; cuts FY2025 revenue guidance to $495-515M
Thermon Group Holdings, Inc.
2025-Q2 EPS
reported $0.53
vs consensus $0.36
▲ beat
(+45.8%)
- Revenue $114.6M (-7.4% YoY); net income $9.5M (-35.4%); adjusted EPS $0.38 (-22.4%).
- New orders $131.1M (+12.6% YoY); backlog $214.9M (+28.8% YoY, including Vapor Power).
- FY2025 guidance cut: revenue $495-$515M (prior $527-$553M); adj. EBITDA $105-$110M; adj. EPS $1.77-$1.89.
- Correction: original 8-K had erroneous revenue guidance of $495 to $515; now correctly stated in amended filing.
- OPEX revenue 85% of total; large project revenue down 51%; net leverage 1.3x; free cash flow $6.7M.