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-0.0112704918032786 -0.0112704918032786 -0.0266393442622951 -0.0266393442622951 0.0348360655737705 0.0348360655737705 -0.0368852459016393 -0.0594262295081967
Stock impact report

Thermon Reports Fourth Quarter and Fiscal Year 2021 Results

Thermon Group Holdings, Inc. (THR) 
Last thermon group holdings, inc. earnings: 2/6 07:55 am Check Earnings Report
US:NYSE Investor Relations: ir.thermon.com/investor-relations
Company Research Source: Accesswire
Achieved annual cost savings of $22 million in Fiscal 2021Reduced long term debt by $27.5 million in Fiscal 2021, including $20.6 million repayment in Q4 2021Ending backlog of $114 million, up 8% versus prior year and 4% versus prior quarterLaunching long-term growth initiatives to diversify end markets, expand in developing economies and enhance technology enabled maintenanceAUSTIN, TX / ACCESSWIRE / May 27, 2021 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced consolidated financial results for the fourth quarter ("Q4 2021") and the fiscal year ended March 31, 2021 ("Fiscal 2021"). Key highlights for Q4 2021 include:Revenue of $73.3 million versus $88.4 million in Q4 2020, a decrease of $15.1 million, or 17%Gross margin of 37.1%, as compared to 40.3% in Q4 2020Fully diluted GAAP earnings per share ("EPS") of $(0.02) and Non-GAAP Adjusted EPS of $0.03Key highlights for Fiscal 2021 include:Revenue of $276.2 Show less Read more
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