Harvey Partners purchased 431,072 shares of Gentherm in Q3, increasing its stake to approximately 1 million shares valued at $34.9 million. Despite the stock being down 13% over the past year, the company reported record quarterly revenue and strong operational performance.

Gentherm reported Q2 2025 financial results with revenue of $375.1 million, slightly below previous year. Despite securing $620 million in new automotive business awards, the company experienced margin compression and reduced net income due to higher costs and currency fluctuations.

Gentherm reported Q2 2025 revenues of $375 million, secured $620 million in automotive new business awards, and maintained a measured approach amid macro uncertainties. Gross margin decreased and net income dropped compared to the previous year.

Gentherm has extended its partnership with DUOMED to offer patient temperature management technologies in France and Benelux, including Astopad® and Vytil-branded warming systems.

Gentherm announced that it has granted inducement equity awards to its newly appointed CEO and CFO, consisting of restricted stock units that vest over three years. The awards were made in accordance with the previously announced offer letters and were approved by the Compensation and Talent Committee under the Nasdaq employment inducement exemption.

The global automotive seat heater market is expected to grow from $2.76 billion in 2023 to $4.93 billion in 2033, driven by factors like the rise in the automotive aftermarket industry, growing popularity of electric vehicles, and increasing urbanization. The market is segmented by type, vehicle type, and sales channel, with the carbon fiber type, passenger vehicles, and original equipment maker (OEM) segments expected to be the fastest-growing.

The patient temperature management market is expected to grow from $3.1 billion in 2023 to $6.5 billion by 2035, driven by an increase in surgical procedures, government initiatives, and technological advancements. However, the high cost of devices is a restraint.

The automotive battery management system market is projected to grow significantly, driven by the surging global demand for electric vehicles and hybrid electric vehicles. Battery management systems are critical for managing lithium-ion batteries in EVs and HEVs, offering superior energy density and extended operational life. The market is also fueled by the expansion of public transportation systems and the growth of renewable energy systems.

Cognizant (CTSH) introduces Neuro Edge. The suite empowers businesses with real-time, secure AI at the edge for faster decisions and operational efficiency across industries.

Cognizant (CTSH) partners with TDECU to boost efficiency and member experience through AI-driven transformation, aiming for accelerated growth and enhanced productivity.

Cognizant (CTSH) expands its partnership with Cengage Group to boost operational efficiency and digital transformation in education, leveraging advanced technology services and Gen AI.

Cognizant (CTSH) accelerates Gentherm's advancement in automotive and medical thermal tech with advanced engineering, validation and cloud-native expertise from Hyderabad.