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Gentherm Inc
Gentherm Inc. filed its 10-Q quarterly report for the period ending September 30, 2026, including certifications from its CEO and CFO regarding financial statements and internal controls. The report details restructuring costs associated with the company's global production footprint and organizational realignment plans.…more
Gentherm Inc
Gentherm reported $405 million in revenue for the third quarter of 2026 and completed its combination with Modine Performance Technologies on October 1. Consequently, the company raised its full-year 2026 revenue guidance to a range of $1.825 billion to $1.925 billion, up from the previous $1.55 billion to $1.65 billion. Additionally, the company repurchased $60 million of common stock in October and paid a special cash dividend of $2.07 per share on October 7.…more
Gentherm Inc
Gentherm completed the acquisition of Modine's Performance Technologies business on October 1, 2026. As part of the transaction, Gentherm paid a special cash dividend of $63.5 million to its shareholders and issued 23,735,961 shares to Modine shareholders, who now hold approximately 43.62% of the combined company. The merger aims to establish Gentherm as a scaled leader in thermal management solutions with expanded precision flow management capabilities.…more
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Gentherm Reports Q3 Revenue Growth but Swings to Net Loss
Gentherm reported a 4.7% year-over-year revenue increase for the third quarter, but higher costs and acquisition-related expenses resulted in a net loss. Despite raising full-year guidance following the completion of the Modine Performance Technologies acquisition, the decline in profitability warrants a neutral outlook.…more
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Gentherm has increased its fiscal year 2026 sales outlook to a range of $1.825 billion to $1.925 billion. This updated guidance significantly exceeds the market consensus estimate of $1.707 billion.…more
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Gentherm will report its third quarter 2026 financial results on October 22, followed by a conference call. This is a standard announcement regarding the earnings schedule and does not impact the stock price.…more
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