Gentherm Q1 net income drops 40% y/y to USD11.9 million; secures first electronics contract
Company forecasts full-year 2016 revenue to grow between 10% and 15% over previous financial year
Gentherm has reported a 39.9% year-over-year (y/y) decline in net income to USD11.9 million in the first quarter ended 31 March 2016, the US-based thermal management system supplier said in a press release.
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