Gentherm (NASDAQ:THRM), the Novi, Michigan-based supplier of thermal management technologies, reported fourth-quarter adjusted profit that fell short of analyst expectations, even as robust demand for climate-controlled seating pushed revenue above projections.
The company posted net income of $3 million, or 10 cents per share, for the quarter ending December 31.
Excluding one-time items, adjusted earnings were 49 cents per share, missing the 57-cent average estimate of three analysts surveyed by Zacks Investment Research.
Higher material costs and expenses related to a footprint realignment weighed on the bottom line, despite a strong top-line performance.
Revenue for the period rose to $382.8 million, surpassing the $374.7 million anticipated by Wall Street.
For the full year, Gentherm recorded a profit of $18.3 million on record revenue of $1.5 billion.
Looking ahead, the maker of automotive and medical temperature-control products provided a full-year revenue guidance range of $1.5 billion to $1.6 billion for 2026.