Articles from Thermon Group Holdings, Inc.

AUSTIN, TX / ACCESSWIRE / July 28, 2022 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon") will issue a press release reporting its consolidated financial results for the first quarter ended June 30, 2022, before the market opens on Thursday, August 4, 2022. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Kevin Fox, Senior Vice President and Chief Financial Officer, will host a conference call at 10:00 a.m. (Central Time), which will be simultaneously webcast on Thermon's investor relations website (http://ir.thermon.com). Investment community professionals interested in participating in the question-and-answer session may access the call by dialing (877) 407-5976 from within the United States/Canada and (412) 902-0031 from outside of the United States/Canada.

AUSTIN, TX / ACCESSWIRE / June 1, 2022 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon"), a global leader in industrial process heating solutions, today announced it acquired Powerblanket, ("Powerblanket"), a leading North American supplier of heated blankets built upon patented heat spreading technology and portable industrial chillers. Powerblanket increases Thermon's exposure to growing industrial and commercial end-markets through its freeze protection, temperature control and flow assurance solutions.

AUSTIN, TX / ACCESSWIRE / May 26, 2022 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon"), a global leader in industrial process heating solutions, today announced consolidated financial results for the fourth quarter ("Q4 2022") and full fiscal year ended March 31, 2022 ("Fiscal 2022"). Key highlights for Q4 2022 as compared to the three months ended March 31, 2021 ("Q4 2021") include:

AUSTIN, TX / ACCESSWIRE / May 19, 2022 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon") will issue a press release reporting its consolidated financial results for the fiscal year ended March 31, 2022, before the market opens on Thursday, May 26, 2022. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Kevin Fox, Senior Vice President and Chief Financial Officer, will host a conference call at 10:00 a.m. (Central Time), which will be simultaneously webcast on Thermon's investor relations website (http://ir.thermon.com). Investment community professionals interested in participating in the question-and-answer session may access the call by dialing (877) 407-5976 from within the United States/Canada and (412) 902-0031 from outside of the United States/Canada.

- Revenue growth of 26% driven by improving North American customer activity - Orders up 31% and Book to Bill of 1.02x, excluding a large, one-time contract - Net Income up 82% due to increased volume and refinancing savings - Raising full-year Fiscal 2022 revenue guidance to $342-$350 million due to backlog strength and incoming order rate trends AUSTIN, TX / ACCESSWIRE / February 3, 2022 / Thermon Group Holdings, Inc. (NYSETHR)

AUSTIN, TX / ACCESSWIRE / January 27, 2022 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon") will issue a press release reporting its consolidated financial results for the third quarter ended December 31, 2021, before the market opens on Thursday, February 3, 2022. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Kevin Fox, Senior Vice President and Chief Financial Officer, will host a conference call

AUSTIN, TX / ACCESSWIRE / January 20, 2022 / Thermon Group Holdings, Inc. (NYSETHR) (the "Company," "Thermon," "we" or "our") today announced that Roberto Kuahara will join the Company as Senior Vice President, Operations, effective February, 14, 2022, concurrent with Rene van der Salm, the Company's Senior Vice President, Operations, stepping down from that role. Mr. Kuahara joins the Company from SPM Oil & Gas, Inc., a subsidiary of

- Revenue growth of 22% driven by accelerating global economic recovery - Orders up 59% including a large, one-time North American contract - Run-rate spending in line with Fiscal 2022 target - Raising full-year Fiscal 2022 revenue guidance to $330-$345 million due to backlog strength and incoming order rate trends AUSTIN, TX / ACCESSWIRE / November 9, 2021 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon"), a global leader in industrial

AUSTIN, TX / ACCESSWIRE / November 3, 2021 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter ended September 30, 2021, before the market opens on Tuesday, November 9, 2021. Following the earnings release, members of the senior management team, including Bruce Thames, President and Chief Executive Officer, and Kevin Fox, Senior Vice President and

AUSTIN, TX / ACCESSWIRE / September 30, 2021 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon") today announced it has entered into an amended and restated Credit Agreement (the "Credit Agreement") with JPMorgan Chase Bank, N.A. and certain other lenders. Under the Credit Agreement, Thermon's existing $140 million term loan B and revolving credit facility were replaced with an $80 million senior secured US term loan A, a CAD76 million senior

- Revenue growth of 25% driven by improving end markets - Orders up 19% year over year and book to bill of 1.02x - Received first order for the industry leading Genesis Network technology - Continued realization of cost savings with trailing 12-month SG&A down 22% AUSTIN, TX / ACCESSWIRE / August 5, 2021 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon"), a global leader in industrial process heating solutions, today announced

AUSTIN, TX / ACCESSWIRE / July 29, 2021 / Thermon Group Holdings, Inc. (NYSETHR) ('Thermon') will issue a press release reporting its consolidated financial results for the first quarter ended June 30, 2021, before the market opens on Thursday, August 5, 2021. Following the earnings release, members of the senior management team, including Bruce Thames, President and Chief Executive Officer, and Kevin Fox, Senior Vice President and Chief

- Achieved annual cost savings of $22 million in Fiscal 2021 - Reduced long term debt by $27.5 million in Fiscal 2021, including $20.6 million repayment in Q4 2021 - Ending backlog of $114 million, up 8% versus prior year and 4% versus prior quarter - Launching long-term growth initiatives to diversify end markets, expand in developing economies and enhance technology enabled maintenance AUSTIN, TX / ACCESSWIRE / May 27,

AUSTIN, TX / ACCESSWIRE / May 20, 2021 / Thermon Group Holdings, Inc. (NYSETHR) ("Thermon") will issue a press release reporting its consolidated financial results for the fiscal year ended March 31, 2021, before the market opens on Thursday May 27, 2021. Following the earnings release, members of the senior management team, including Bruce Thames, President and Chief Executive Officer, and Kevin Fox, Senior Vice President and Chief