Modine Q2 FY27 net earnings fall 32% to $30.3 million; Q2 net sales rise 35% to $994.4 million

Bitget2026/11/03 22:00

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Modine's Q2 FY27 net earnings fell 32% to $30.3 million, including $29.5 million in spin-off-related income tax expense.
Net sales climbed 35% to $994.4 million, driven by higher net sales in Data Centers and Commercial HVAC.
The Performance Technologies spin-off closed October 1; management reported record orders and backlog in Data Centers.
FY27 net sales are forecast at $3.1 billion to $3.2 billion, excluding Performance Technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modine Manufacturing Company published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Modine Q2 FY27 net earnings fall 32% to $30.3 million; Q2 net sales rise 35% to $994.4 million

You may also like

Crypto prices