NASDAQ$THRM
Gentherm Incorporated · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Reported solid financial results despite market challenges, generated a significant increase in cash flow, and outperformed in Automotive versus key markets.
Gentherm reported a decrease in product revenues by 11.4% compared to the prior-year period, with an estimated $27 million negative impact from the COVID-19 pandemic. Despite these challenges, the company achieved record quarterly revenue in its Medical business and a significant increase in cash flow. They secured $120 million in new automotive business awards and saw GAAP diluted earnings per share increase to $0.36 from $0.25 in the prior year.
- Product revenues decreased by 11.4% year-over-year, with a $27 million negative impact from COVID-19.
- GAAP diluted earnings per share increased to $0.36, compared to $0.25 in the prior-year period.
- Net cash provided by operating activities was $29.4 million, a significant increase from $6.9 million in the prior-year period.
- Record quarterly revenue of $12.1 million was achieved in Gentherm Medical, a 48.3% year-over-year increase.
Headline financials
Revenue & EPS history
Gentherm · Revenue · Quarterly
$229M
Revenue by segment
Gentherm · $479M total across 5 segments · Q3 2022
- Automotive segment$323M—67.3%
- Climate Control Seats$112M—23.4%
- Lumbar and Massage Comfort Solutions$22.7M—4.7%
- Other Automotive$11.4M—2.4%
- Medical segment$10.4M—2.2%
Forward guidance
Due to the unprecedented uncertainty facing the automotive industry and global economy, Gentherm withdrew its 2020 guidance on March 25, 2020 and is not providing an update at this time. However, the Company expects product revenues in the second quarter of 2020 to be significantly lower than the first quarter.
Headwinds
- Product revenues in the second quarter of 2020 are expected to be significantly lower than the first quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.7%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+0.4%
Avg return
30 days after
56%
37 / 66 earnings
Positive
+18.4%
Q4 2023
Best reaction
-22.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.3% | +4.0% | +13.7% | |
| Q4 2025 | +1.4% | +10.8% | -10.9% | |
| Q3 2025 | +8.2% | +7.2% | +1.9% | |
| Q2 2025 | -1.7% | -1.9% | -3.4% | |
| Q1 2025 | -0.3% | +3.8% | +8.2% | |
| Q4 2024 | -7.7% | -6.0% | -16.8% | |
| Q3 2024 | +1.0% | +5.8% | +1.4% | |
| Q2 2024 | +7.5% | -1.0% | +0.5% | |
| Q1 2024 | +3.1% | +1.7% | +5.3% | |
| Q4 2023 | +18.4% | +12.8% | +11.5% | |
| Q3 2023 | -22.7% | -23.7% | -11.7% | |
| Q2 2023 | +7.7% | +8.3% | +0.7% | |
| Q1 2023 | +5.1% | +4.5% | +0.7% | |
| Q4 2022 | -7.2% | -9.1% | -17.7% | |
| Q3 2022 | +1.5% | +13.6% | +25.0% | |
| Q2 2022 | -5.9% | -5.1% | -7.7% | |
| Q1 2022 | -1.1% | -6.1% | +1.9% | |
| Q4 2021 | -1.0% | -2.0% | -17.1% | |
| Q3 2021 | -16.8% | -8.6% | -5.2% | |
| Q2 2021 | +15.0% | +15.5% | +22.0% | |
| Q1 2021 | -6.4% | -6.0% | -4.6% | |
| Q4 2020 | +2.3% | +2.7% | +9.6% | |
| Q3 2020 | +4.3% | +10.9% | +28.3% | |
| Q2 2020 | +5.7% | +5.7% | +11.9% | |
| Q1 2020 | +4.7% | +2.3% | +19.3% | |
| Q4 2019 | +5.1% | +0.2% | -38.7% | |
| Q3 2019 | -4.2% | -6.3% | -5.7% | |
| Q2 2019 | +1.0% | +0.5% | -12.3% | |
| Q1 2019 | -0.2% | -0.0% | -6.0% | |
| Q4 2018 | -0.2% | -0.2% | -14.6% | |
| Q3 2018 | +13.3% | +17.7% | +18.5% | |
| Q2 2018 | +6.8% | +9.8% | +18.8% | |
| Q1 2018 | -3.1% | -2.7% | +0.6% | |
| Q4 2017 | +4.1% | -0.3% | +6.8% | |
| Q3 2017 | -6.1% | -4.8% | +0.3% | |
| Q2 2017 | -11.3% | -15.2% | -23.0% | |
| Q1 2017 | +2.3% | +2.2% | +4.0% | |
| Q4 2016 | +6.6% | +2.4% | +3.5% | |
| Q3 2016 | -3.8% | -5.5% | +9.1% | |
| Q2 2016 | -11.7% | -16.8% | -14.1% | |
| Q1 2016 | -15.5% | — | — | |
| Q4 2015 | -0.4% | — | — | |
| Q3 2015 | +7.0% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | +5.8% | — | — | |
| Q3 2014 | -5.3% | — | — | |
| Q2 2014 | +2.8% | — | — | |
| Q1 2014 | +6.6% | — | — | |
| Q4 2013 | +14.2% | — | — | |
| Q3 2013 | +14.3% | — | — | |
| Q2 2013 | -7.9% | — | — | |
| Q1 2013 | +8.0% | — | — | |
| Q1 2011 | +2.2% | — | — | |
| Q4 2012 | +1.6% | — | — | |
| Q3 2012 | +6.5% | — | — | |
| Q2 2012 | +10.3% | — | — | |
| Q1 2012 | +1.2% | — | — | |
| Q4 2011 | -4.1% | — | — | |
| Q3 2010 | +0.9% | — | — | |
| Q3 2011 | +0.9% | — | — | |
| Q2 2011 | -6.6% | — | — | |
| Q2 2010 | -6.6% | — | — | |
| Q4 2009 | -6.6% | — | — | |
| Q4 2010 | -6.6% | — | — | |
| Q1 2010 | -3.3% | — | — |
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