US88362T1034 - Common Stock
THERMON GROUP HOLDINGS INC
NYSE:THR (11/21/2024, 8:04:00 PM)
After market: 31.18 0 (0%)31.18
+0.34 (+1.1%)
Thermon Group Holdings, Inc. engages in the development, manufacture, and trade of engineered thermal solutions for process industries. The company is headquartered in Austin, Texas and currently employs 1,416 full-time employees. The company went IPO on 2011-05-05. The firm specializes in providing complete flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring solutions. Its advanced industrial heating and filtration solutions include various categories, such as environmental heating (branded as Ruffneck, Norsemen, and Catadyne), process heating (branded as Caloritech), filtration (branded as 3L Filters), rail and transit (branded as Hellfire, Velocity, ArcticSense and others), and boilers (branded as Vapor Power, Precision Boilers, and Caloritech). The company offers a full suite of products, which include heating units, electrode and gas-fired boilers, heating cables, industrial heating blankets and related products, temporary power solutions and tubing bundles; services, which include engineering, installation and maintenance services, and software, which includes design optimization and wireless and network control systems.
THERMON GROUP HOLDINGS INC
7171 Southwest Parkway, Building 300, Suite 200
Austin TEXAS 78735
P: 15126900600
CEO: Bruce Thames
Employees: 1416
Website: https://www.thermon.com/
Industrial process heating solutions provider Thermon (NYSE:THR) fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 7.3% year on year to $114.6 million. The company’s full-year revenue guidance of $502.5 million at the midpoint came in 6.7% below analysts’ estimates. Its GAAP profit of $0.28 per share was in line with analysts’ consensus estimates.
Industrial process heating solutions provider Thermon (NYSE:THR) will be reporting earnings tomorrow before market open. Here’s what investors should know.
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