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Dec 31, 2021
Gentherm Q4 2021 Earnings Report
Gentherm's Q4 2021 earnings decreased due to supply chain disruptions and customer price reductions, but medical revenue increased.
Key Takeaways
Gentherm's Q4 2021 product revenues decreased by 14.1% compared to the prior-year period, with automotive revenues down 15.1%. Despite these challenges, the company secured approximately $540 million in new automotive business awards and repurchased $20 million of its stock. Medical revenue increased 16.7% year over year, primarily as a result of higher Blanketrol® sales globally.
Product revenues decreased 14.1% year over year.
Automotive revenues decreased 15.1% year over year.
GAAP diluted earnings per share was $0.60 as compared with earnings per share of $1.02 for the prior-year period.
Secured new automotive business awards totaling approximately $540 million.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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