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Update: Gentherm Q2 Adjusted Earnings, Revenue Increase; 2026 Revenue Guidance Raised

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(Updates with additional details in the seventh paragraph and latest stock movement in the last paragraph.)

Gentherm (THRM) reported Q2 adjusted earnings Thursday of $0.75 per diluted share, up from $0.54 a year earlier.

Analysts polled by FactSet expected $0.56.

Revenue for the quarter ended June 30 was $416.2 million, up from $375.1 million a year earlier.

Analysts expected $382.9 million.

For 2026, the company raised its revenue guidance to between $1.55 billion and $1.65 billion from its previous guidance of $1.5 billion to $1.6 billion.

Analysts expect $1.56 billion.

Gentherm said its board approved a new three-year share repurchase program authorizing the repurchase of up to $400 million of its issued and outstanding common stock, replacing the existing program effective Monday.

Shares of Gentherm were up 23% in Thursday afternoon trading.

Price: $44.35, Change: $+8.30, Percent Change: +23.02%

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