Thermon Reports Third Quarter Fiscal 2024 Results [Yahoo! Finance]
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: Yahoo! Finance
AUSTIN, TX / ACCESSWIRE / February 1, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), a global leader in industrial process heating solutions, today announced consolidated financial results for the third quarter ("Q3 2024") of the fiscal year ending March 31, 2024 ("Fiscal 2024"). Key highlights for Q3 2024 as compared to the three months ended December 31, 2022 ("Q3 2023") include: Produced record revenue of $136.4 million, an increase of 12%, driven by sales growth in US-LAM, Europe and Asia Pacific Realized fully diluted GAAP earnings per share ("EPS") of $0.46 and record non-GAAP adjusted EPS of $0.59, an increase of 86% and 13% respectively, due to continued growth led by the US-LAM region Generated net income of $15.8 million, an increase of 88%, and Adjusted EBITDA of $30.7 million, an increase of 3%, driven by volume growth and effective cost management Achieved gross profit of $57.4 million, an increase of 14%, and gross margin of 42.1%, as compared to 41
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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