Thor Energy extends mineralisation at Colorado uranium target
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) said recent drilling at its Groundhog prospect in Colorado had extended the known mineralisation. Nine Reverse Circulation (RC) holes totalling 979m were drilled at the prospect, following up 2022 and 2023 programs, with new shallow, narrow high grades of uranium identified 100m to the north and 300m to the east.
Thor Energy appoints consultant to assess key hydrogen asset
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) has appointed RISC Advisory, a Western Australian-based independent energy advisory firm. to carry out an independent assessment of natural hydrogen and helium resources on licence area PEL120 in South Australia.
Thor Energy relocates to WA, appoints new company secretary and non-exec
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) has announced key leadership changes, including the appointment of Lincoln Moore as non-executive director and Rowan Harland as company secretary. These appointments coincide with the retirement of non-exec Mark McGeough and Ray Ridge as company secretary and finance chief.
Thor Energy sees cash boost
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) has received a cash boost, with total inflow of A$408,000 (£210,000) through a combination of a research and development tax incentive rebate and a partial licence sale of fluorite rights. It received A$208,000 (£107,000) of rebate, and saw A$200,000 (£103,000) from the sale of fluorite rights under the Molyhil joint venture.
Thermon Group Holdings Inc. (THR) Q2 2025 Earnings Call Transcript
Thermon Group Holdings Inc. (NYSE:THR ) Q2 2025 Earnings Call Transcript November 7, 2024 11:00 AM ET Company Participants Ivonne Salem - Vice President of FP&A and Investor Relations Bruce Thames - President, Chief Executive Officer and Director Jan Schott - Chief Financial Officer Conference Call Participants Justin Ages - CJS Securities Brian Drab - William Blair Jon Braatz - Oppenheimer Operator Greetings and welcome to Thermon Group Holdings Inc.'s Earnings Call for the Second Quarter 2025. At this time, all participants are on a listen-only mode.
CORRECTION FROM SOURCE: Thermon Reports Second Quarter Fiscal 2025 Results
Correction to table "FISCAL 2025 OUTLOOK" AUSTIN, TX / ACCESSWIRE / November 8, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the second quarter ("Q2 2025") of the fiscal year ending March 31, 2025 ("Fiscal 2025"). SECOND QUARTER 2025 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $114.6 million, (7.4)% Gross profit of $50.9 million, (6.5)%; Gross Margin of 44.4% Net Income of $9.5 million, (35.4)%, or $0.28 earnings per diluted share (EPS) Adjusted Net Income (non-GAAP) of $12.8 million, or $0.38 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $23.8 million, (14.1)%; Adjusted EBITDA margin (non-GAAP) of 20.8% New orders of $131.1 million, +12.6%; book-to-bill ratio of 1.14x Net Leverage ratio of 1.3x as of September 30, 2024 Updating full-year 2025 guidance MANAGEMENT COMMENTARY "Our second quarter results once again demonstrated the benefits of our disciplined execution against our key strategic pillars, highlighted by continued momentum in bookings during the quarter and the ability to strategically deploy capital in support of our growth initiatives, including our recent acquisition of F.A.T.I.
Thermon Group (THR) Q2 Earnings Top Estimates
Thermon Group (THR) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.49 per share a year ago.
Thermon Reports Second Quarter Fiscal 2025 Results
AUSTIN, TX / ACCESSWIRE / November 7, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon" or the "Company"), a global leader in industrial process heating solutions, today announced consolidated results for the second quarter ("Q2 2025") of the fiscal year ending March 31, 2025 ("Fiscal 2025"). SECOND QUARTER 2025 HIGHLIGHTS (all comparisons versus the prior year period unless otherwise noted) Revenue of $114.6 million, (7.4)% Gross profit of $50.9 million, (6.5)%; Gross Margin of 44.4% Net Income of $9.5 million, (35.4)%, or $0.28 earnings per diluted share (EPS) Adjusted Net Income (non-GAAP) of $12.8 million, or $0.38 Adjusted EPS (non-GAAP) Adjusted EBITDA (non-GAAP) of $23.8 million, (14.1)%; Adjusted EBITDA margin (non-GAAP) of 20.8% New orders of $131.1 million, +12.6%; book-to-bill ratio of 1.14x Net Leverage ratio of 1.3x as of September 30, 2024 Updating full-year 2025 guidance MANAGEMENT COMMENTARY "Our second quarter results once again demonstrated the benefits of our disciplined execution against our key strategic pillars, highlighted by continued momentum in bookings during the quarter and the ability to strategically deploy capital in support of our growth initiatives, including our recent acquisition of F.A.T.I.
Thor Energy starts new drill programme at Wedding Bell prospect
Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) has started a drilling programme at the Groundhog Prospect, on its 100% owned Wedding Bell project in the uranium-vanadium mining district of the Uravan Mineral Belt, southwest Colorado. Reverse Circulation (RC) drilling will be centred around high-grade uranium and vanadium mineralisation intercepted from previous drilling with extension holes up to 300m to the north and east.
Thor Energy's Alastair Clayton tells Proactive why he's so excited about its white hydrogen acquisition - ICYMI
Alastair Clayton, executive chairman of Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR), explains the rationale behind its move into hydrogen and helium Proactive: Thor is acquiring an 80.2% stake in Go Exploration and this is in hydrogen and helium in South Australia. What did you like about this company and the reason why you wanted to do this deal?
Thermon Schedules Second Quarter Fiscal 2025 Earnings Conference Call - November 7, 2024
AUSTIN, TX / ACCESSWIRE / October 31, 2024 / Thermon Group Holdings, Inc. (NYSE:THR) ("Thermon") will issue a press release reporting its consolidated financial results for the second quarter ended September 30, 2024, before the market opens on Thursday, November 7, 2024. Following the earnings release, Bruce Thames, President and Chief Executive Officer, and Jan Schott, Senior Vice President and Chief Financial Officer, will host a conference call at 10:00 a.m.
3 Instruments Stocks Set to Ride Against Industry Headwinds
The increasing adoption of industrial automation, focus on higher energy efficiency and optimum resource utilization should drive the Zacks Instruments ??? Control industry.
