Earnings Call Summary | Gentherm(THRM.US) Q2 2024 Earnings Conference
Earnings Call Summary | Gentherm(THRM.US) Q2 2024 Earnings Conference
Adjusted EBITDA in Q2 was $50 million, up nearly 18% from the previous year, with an EBITDA margin rate improvement to 13.3%.The following is a summary of the Gentherm Incorporated (THRM) Q2 2024 Earnings Call Transcript:
以下是Gentherm Incorporated (THRM) 2024 Q2業績會議通話記錄摘要：
Financial Performance:
金融業績：
Q2 2024 delivered record quarterly revenue of $376 million, directly linked to higher volumes and successful new product integrations.
Automotive revenues were $364 million, up approximately 1% compared to last year, driven by lumbar and massage gains.
Adjusted EBITDA in Q2 was $50 million, up nearly 18% from the previous year, with an EBITDA margin rate improvement to 13.3%.
Adjusted diluted earnings per share were $0.66, compared to $0.58 in the second quarter of last year.
2024 Q2創造了創紀錄的季度營收3.76億美元，與更高的產量和成功的新產品整合直接相關。
汽車營收額爲3.64億美元，與去年相比增長約1％，主要由腰部支撐和按摩所推動。
2024 Q2調整後的EBITDA爲5000萬美元，比上一年增長近18％，EBITDA利潤率提高到13.3％。
調整後的稀釋每股收益爲0.66美元，而去年第二季度爲0.58美元。
Business Progress:
業務進展：
Launched automotive solutions on 22 different vehicles across 11 OEMs, including high-profile brands like Ford, General Motors, and Toyota.
Introduced the CCS technology to new models like Toyota Camry and secured multiple new business awards including a notable award with Hyundai for a Genesis SUV incorporating Pulse A massage technology.
Strengthened pneumatic product line through strategic acquisitions and subsequent successful integrations, leading to significant new business awards.
Medical business grew revenue by 9% ex-FX, driven by increased sales of Blanketrol products and expanded hospital customer base in China.
在11個OEM中的22種不同車輛上推出了汽車解決方案，包括像福特，通用汽車和豐田這樣的知名品牌。
將CCS技術引入新型號，如豐田凱美瑞，並獲得多個新業務獎項，包括與現代的顯着獎項，其中包括Pulse A按摩技術的Genesis SUV。
通過戰略收購和隨後的成功整合加強了氣動產品線，從而獲得了重要的新業務獎項。
醫療業務營收增長9％，不包括外匯期貨，主要是由於Blanketrol產品銷售增加，擴大了在中國的醫院客戶群。
Opportunities:
機會：
Strong demand for Gentherm's advanced technologies such as Climate Sense and Well Sense, which are poised to cater to the software-defined vehicles of the future.
Expansion into integrated product solutions combining multiple functions, such as the integration of foam, seat heat, and seat belt reminder, indicating potential for larger roles in customer supply chains.
Gentherm的先進技術，如Climate Sense和Well Sense，需求強勁，可以爲軟件定義的未來車輛服務。
擴大到綜合產品解決方案，結合多種功能，例如泡沫，座椅加熱和安全帶提醒的整合，表明在客戶供應鏈中扮演更大的角色的潛力。
Risks:
風險：
The global automotive production environment remains volatile, with reductions in orders from key customers and potential inventory adjustments affecting production schedules and new vehicle launches.
全球汽車生產環境仍然不穩定，關鍵客戶訂單減少和可能的庫存調整影響着生產計劃和新車推出。
More details: Gentherm IR
更多詳情請參考Gentherm IR。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。