Thermon Group Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended March 31, 2024
May 29, 2024 at 06:45 am
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Thermon Group Holdings, Inc. reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was USD 127.65 million compared to USD 122.48 million a year ago. Net income was USD 10.08 million compared to USD 7.7 million a year ago.
Basic earnings per share from continuing operations was USD 0.3 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.23 a year ago.
Thermon Group Holdings, Inc. provides industrial process heating solutions. The Company 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). It 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. 
