10:36 AM EDT, 07/31/2024 (MT Newswires) -- Gentherm ( THRM ) shares rose more than 9% in recent Wednesday trading after the firm reported better-than-expected Q2 results.

Earlier, the company posted Q2 diluted earnings of $0.66 per share, up from $0.58 a year earlier.

Analysts polled by Capital IQ expected $0.61.

Revenue for the quarter ended June 30 was $375.7 million, up from $372.3 million a year ago.

Analysts surveyed by Capital IQ expected $374.2 million.

Gentherm ( THRM ) expects full-year revenue at the low end of its initial guidance of $1.5 billion to $1.6 billion. Analysts expect $1.53 billion.

Price: 54.99, Change: +4.68, Percent Change: +9.30