Thermon Group Inc.

4 months ago · zacks.com

Thermon Group (THR) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.56 per share a year ago.

4 months ago · accessnewswire.com

AUSTIN, TX / ACCESS Newswire / May 19, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the fourth quarter ("Q4 2026") and full fiscal year ended March 31, 2026 ("Fiscal 2026"). FOURTH QUARTER FISCAL 2026 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $148.3 million, an increase of 11% Gross profit of $65.3 million, an increase of 10%, Gross Margin of 44.0% Net income of $2.7 million, a decrease of 84%, $0.08 EPS Adjusted Net Income (non-GAAP) of $18.3 million, a decrease of 3%, $0.55 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $32.1 million, an increase of 5%; Adjusted EBITDA margin (non-GAAP) of 21.6% New orders of $143.5 million, an increase of 3%; book-to-bill ratio of 0.97x Net leverage ratio of 0.7x as of March 31, 2026 FULL YEAR 2026 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $536.3 million, an increase of 8% Gross profit of $243.1 million, an increase of 9%; Gross Margin of 45.3% Net income of $44.6 million, a decrease of 17%, $1.36 EPS Adjusted Net Income (non-GAAP) of $70.5 million, an increase of 11%, $2.15 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $119.6 million, an increase of 9%; Adjusted EBITDA margin (non-GAAP) of 22.3% New orders of $550.8 million, an increase of 3%; book-to-bill ratio of 1.03x Proposed transaction with CECO Environmental Corp. ("CECO") on track to close in June 2026 MANAGEMENT COMMENTARY "Our disciplined focus on our strategic growth priorities enabled us to sustain and build upon the recent momentum in our business, resulting in a strong finish to fiscal 2026, capping a record year for revenue, Adjusted EBITDA, and orders," stated Bruce Thames, President and CEO of Thermon.

4 months ago · fool.com

Thermon Group delivers industrial heating solutions worldwide, serving sectors from energy and transit to tech and manufacturing.

5 months ago · businesswire.com

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Thermon Group Holdings, Inc. (NYSE: THR) to CECO Environmental Corp. (NasdaqGS: CECO). Under the terms of the proposed transaction, shareholders of Thermon may elect to receive, for each share of Thermon common stock, either: (i) $10.00 in cash and 0.6840 shares of CECO common stock, (ii) $63.8.

5 months ago · zacks.com

Thermon Group (THR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

5 months ago · proactiveinvestors.co.uk

Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) shares strengthened in Wednesday morning's trade, climbing 10% to 0.66p, as the small-cap's first quarter update highlighted a stronger cash position that provides headroom as it advances its natural hydrogen and helium exploration portfolio. The firm's cash balance rose to stand at A$3.31 million by the end of March, after completing the sale of the Molyhil Tungsten-Molybdenum Project.

5 months ago · accessnewswire.com

AUSTIN, TX / ACCESS Newswire / April 20, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), today announced accelerating order and quoting activity across key new product platforms, led by strong demand for its liquid load bank solutions serving the rapidly expanding data center market. The company's quote log for liquid load banks has expanded to over $100 million as of April 2026, up nearly 70% from just two months ago.

6 months ago · zacks.com

Thermon Group (THR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

6 months ago · fool.com

Clifford Capital added 414,006 shares of Thermon Group in the fourth quarter. the estimated trade size was $13.59 million.

7 months ago · prnewswire.com

NEW YORK, Feb. 24, 2026 /PRNewswire/ -- Class Action Attorney  Juan Monteverde  with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Thermon Group Holdings, Inc. (NYSE: THR) related to its sale to CECO Environmental Corp. Under the terms of the proposed transaction, Thermon shareholders may elect to receive, for each share of Thermon common stock, either: (i) $10.00 in cash and 0.6840 shares of CECO common stock, (ii) $63.89 in cash per share, or (iii) 0.8110 shares of CECO common stock per share.