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Thermon Group Holdings inc   (THR)
 

Marvelous Top-line surge by THR in the July to September 30 2022 span

THR recorded second quarter of 2023 operating surplus of $16.038 millions


Published Nov 06 2022
CSIMarket Team / CSIMarket.com


Messe_2012_by-RaBoe_127_Ra_Boe_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons THR showed respectable growth in the second quarter of 2023 financial report, where net profit per share soared by 3200 % year on year to $0.33 per share and Revenue increased by 23.653 % to $100.56 millions.

From the earnings per share soared by 65 % from $0.20 per share and Revenues grew by 5.359 % from $95.44 millions.


Bottom-line of $10.984 millions in the second quarter of 2023 earnings season increased by 2202.73 % from balanced books fulfilled in the corresponding quarter a year ago. Thermon Group Holdings Inc also emphasized it's improving profit margins, where net margin rose to 10.92% in second quarter of 2023 earnings season, and operating margin edged up to 15.95%.
Operating earnings, on the other hand, improved just 157.64% to $16.038 millions.

Thermon Group Holdings Inc is expected to report next financial recent numbers on May 25, 2023.



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Thermon Group Holdings Inc's Free Cash Flow Margin



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