Thermon Group Holdings, Inc. Revises Earnings Guidance for the Fiscal 2022
November 09, 2021 at 06:45 am EST
Share
Thermon Group Holdings, Inc. revised earnings guidance for the fiscal 2022. For fiscal 2022, the company raising its previous guidance, and now expect revenue will be approximately $330 million to $345 million, including the impact of the one-time order.
Thermon Group Holdings, Inc. provides industrial process heating solutions. The Company specializes in providing complete flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring solutions. Its advanced industrial heating and filtration solutions include various categories, such as environmental heating (branded as Ruffneck, Norsemen, and Catadyne), process heating (branded as Caloritech), filtration (branded as 3L Filters), rail and transit (branded as Hellfire, Velocity, ArcticSense and others), and boilers (branded as Vapor Power, Precision Boilers, and Caloritech). It offers a full suite of products, which include heating units, electrode and gas-fired boilers, heating cables, industrial heating blankets and related products, temporary power solutions and tubing bundles; services, which include engineering, installation and maintenance services, and software, which includes design optimization and wireless and network control systems.