Thermon Group sees 2024 adjusted EPS $1.76-$1.84

Kevin Fox, Thermon’s Chief Financial Officer, added, “Our team continued to perform well in the third quarter of the fiscal year as we executed the strategy presented at our investor day in November. This included the strategic acquisition of Vapor Power, a company with complementary technology that accelerates our diversification and decarbonization efforts. We are again raising our full-year Fiscal 2024 revenue guidance, to approximately $490 – $500 million. We are also adjusting full-year Fiscal 2024 GAAP EPS guidance to approximately $1.42 – $1.50 per share, with Adjusted EPS of approximately $1.76 – $1.84 per share.”