THR - Thermon Group Holdings, Inc.
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) shares lifted 25%, to 0.75p, after it said Phase-2 survey work at its HY-Range project in South Australia recorded natural hydrogen readings of up to 3%, giving the explorer added confidence as it moves the licence towards seismic work and drilling target definition. The company said the peak reading, equivalent to 30,000 parts per million, was around 60,000 times background levels.
ADDISON, Texas and AUSTIN, Texas, May 28, 2026 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (“CECO”) and Thermon Group Holdings, Inc. (NYSE: THR) (“Thermon”) announced that both companies' stockholders overwhelmingly voted to approve the previously announced strategic combination at their respective stockholder meetings held earlier today. Preliminary results showed that approximately 99.93% of votes cast at CECO's annual meeting were voted in favor of the transaction, and nearly 99.97% of the votes cast at Thermon's meeting were in support of the combination.
ADDISON, TX AND AUSTIN, TX / ACCESS Newswire / May 28, 2026 / CECO Environmental Corp. (NASDAQ:CECO) ("CECO") and Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") announced that both companies' stockholders overwhelmingly voted to approve the previously announced strategic combination at their respective stockholder meetings held earlier today. Preliminary results showed that approximately 99.93% of votes cast at CECO's annual meeting were voted in favor of the transaction, and nearly 99.97% of the votes cast at Thermon's meeting were in support of the combination.
Thermon Group (THR) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.56 per share a year ago.
AUSTIN, TX / ACCESS Newswire / May 19, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the fourth quarter ("Q4 2026") and full fiscal year ended March 31, 2026 ("Fiscal 2026"). FOURTH QUARTER FISCAL 2026 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $148.3 million, an increase of 11% Gross profit of $65.3 million, an increase of 10%, Gross Margin of 44.0% Net income of $2.7 million, a decrease of 84%, $0.08 EPS Adjusted Net Income (non-GAAP) of $18.3 million, a decrease of 3%, $0.55 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $32.1 million, an increase of 5%; Adjusted EBITDA margin (non-GAAP) of 21.6% New orders of $143.5 million, an increase of 3%; book-to-bill ratio of 0.97x Net leverage ratio of 0.7x as of March 31, 2026 FULL YEAR 2026 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $536.3 million, an increase of 8% Gross profit of $243.1 million, an increase of 9%; Gross Margin of 45.3% Net income of $44.6 million, a decrease of 17%, $1.36 EPS Adjusted Net Income (non-GAAP) of $70.5 million, an increase of 11%, $2.15 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $119.6 million, an increase of 9%; Adjusted EBITDA margin (non-GAAP) of 22.3% New orders of $550.8 million, an increase of 3%; book-to-bill ratio of 1.03x Proposed transaction with CECO Environmental Corp. ("CECO") on track to close in June 2026 MANAGEMENT COMMENTARY "Our disciplined focus on our strategic growth priorities enabled us to sustain and build upon the recent momentum in our business, resulting in a strong finish to fiscal 2026, capping a record year for revenue, Adjusted EBITDA, and orders," stated Bruce Thames, President and CEO of Thermon.
Thermon Group delivers industrial heating solutions worldwide, serving sectors from energy and transit to tech and manufacturing.
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Thermon Group Holdings, Inc. (NYSE: THR) to CECO Environmental Corp. (NasdaqGS: CECO). Under the terms of the proposed transaction, shareholders of Thermon may elect to receive, for each share of Thermon common stock, either: (i) $10.00 in cash and 0.6840 shares of CECO common stock, (ii) $63.8.
Thermon Group (THR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) shares strengthened in Wednesday morning's trade, climbing 10% to 0.66p, as the small-cap's first quarter update highlighted a stronger cash position that provides headroom as it advances its natural hydrogen and helium exploration portfolio. The firm's cash balance rose to stand at A$3.31 million by the end of March, after completing the sale of the Molyhil Tungsten-Molybdenum Project.
On April 28, 2026, Thermon Group Holdings Inc (THR) shares rose 11.8% to a current price of $60.52. This increase reflects a strong price performance, consideri
AUSTIN, TX / ACCESS Newswire / April 20, 2026 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon"), today announced accelerating order and quoting activity across key new product platforms, led by strong demand for its liquid load bank solutions serving the rapidly expanding data center market. The company's quote log for liquid load banks has expanded to over $100 million as of April 2026, up nearly 70% from just two months ago.
/PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws
Hennion and Walsh Asset Management Inc. decreased its stake in shares of Thermon Group Holdings, Inc. (NYSE: THR) by 54.9% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,099 shares of the technology company's stock after selling 17,168 shares
Thermon Group (THR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The increasing adoption of industrial automation, focus on higher energy efficiency and optimal resource utilization should drive the Zacks Instruments - Control industry. ST and THR are well-positioned to gain from the evolving market dynamics.
Oliver Luxxe Assets LLC acquired a new position in shares of Thermon Group Holdings, Inc. (NYSE: THR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 29,591 shares of the technology company's stock, valued at approximately $1,100,000. Oliver Luxxe Assets LLC owned
Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in Ultragenyx Pharmaceutical stock on February 18th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account. Representative
Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Primoris Services Co. (NASDAQ: PRIM). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Primoris Services stock on February 18th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account. Representative
Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Xiaomi Co. (OTCMKTS:XIACF). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Xiaomi stock on February 20th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account. Representative Gilbert Ray
Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Tri Pointe Homes Inc. (NYSE: TPH). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Tri Pointe Homes stock on February 23rd. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA"