Gentherm to Delay 2020 Third Quarter Results Conference Call

Rhea-AI Summary

Gentherm (NASDAQ:THRM) announced a delay in its conference call scheduled to discuss third-quarter financial results for 2020 due to technical issues with their service provider. The company will inform stakeholders of the new date and time once a solution is in place.

Gentherm specializes in innovative thermal management technologies across various sectors, including automotive and medical applications, and employs over 11,000 people globally.

Positive

• Gentherm is a leader in thermal management technologies, indicating strong market positioning.
• The company has a diverse product range, including automotive and medical applications, which can drive multiple revenue streams.

Negative

• The delay in the earnings call may raise concerns among investors about communication transparency and operational issues.

NORTHVILLE, Mich., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, will delay the Company’s conference call to discuss its financial results for the third quarter 2020 due to conference call service provider technical issues. Once an alternative solution has been found, Gentherm will announce a rescheduled date and time.

Investor Contact
Yijing Brentano
investors@gentherm.com
248.308.1702

Media Contact
Melissa Fischer
media@gentherm.com
248.289.9702

About Gentherm
Gentherm (NASDAQ:THRM) is a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications. Automotive products include variable temperature Climate Control Seats, heated automotive interior systems (including heated seats, steering wheels, armrests and other components), battery thermal management systems, cable systems and other electronic devices. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has over 11,000 employees in facilities in the United States, Germany, Canada, China, Hungary, Japan, South Korea, North Macedonia, Malta, Mexico, United Kingdom, Ukraine, and Vietnam. For more information, go to www.gentherm.com.

FAQ

Why is Gentherm delaying its conference call on Q3 2020 results?

Gentherm is delaying its conference call due to technical issues with their service provider.

When will Gentherm announce the new date for the delayed conference call?

Gentherm will announce the rescheduled date and time once an alternative solution is found.

What is Gentherm's focus in the thermal management technology market?

Gentherm focuses on innovative thermal management technologies for automotive and medical applications.

What is the stock symbol for Gentherm?

The stock symbol for Gentherm is THRM.

How many employees does Gentherm have?

Gentherm has over 11,000 employees worldwide.