Thermon Reports Second Quarter Fiscal 2023 Results
Thermon Group Holdings, Inc. (THR)
Last thermon group holdings, inc. earnings: 2/6 07:55 am
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US:NYSE Investor Relations:
ir.thermon.com/investor-relations
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Source: Accesswire
Revenue Up 24% with EPS Up $0.32; Raising Full Year GuidanceAUSTIN, TX / ACCESSWIRE / November 3, 2022 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced consolidated financial results for the second quarter ("Q2 2023") for the fiscal year ending March 31, 2023 ("Fiscal 2023"). Key highlights for Q2 2023 as compared to the three months ended September 30, 2021 ("Q2 2022") include:Produced revenue of $100.6 million, an increase24%, driven by sales growth in the US, Canada and Latin AmericaAchieved a gross margin of 45.7%, as compared to 39.0%, due to higher volume, favorable mix, pricing realization and operational efficiencyRealized fully diluted GAAP earnings per share ("EPS") of $0.33 and record non-GAAP adjusted EPS of $0.38, largely due to margin improvement and cost controlGenerated Net Income of $11.0 million, an increase of 2,203% and adjusted EBITDA of $21.9 million, an increase of 92%, driven by volu
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News
- Does Thermon Group Holdings (NYSE:THR) Deserve A Spot On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
- Thermon Group Holdings, Inc. (NYSE: THR) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Thermon Group: Cooling Down A Bit [Seeking Alpha]Seeking Alpha
- Thermon Group Holdings, Inc. (NYSE: THR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Thermon Announces Senior Leadership Changes [Yahoo! Finance]Yahoo! Finance
THR
Earnings
- 2/1/24 - Beat
THR
Sec Filings
- 4/12/24 - Form 3
- 4/3/24 - Form 8-K
- 4/3/24 - Form 4
- THR's page on the SEC website