Modine Manufacturing Co Q2 FY2024 Earnings Call

Modine Manufacturing Co (MOD)

Earnings Call FY2024 Q2 Call date: 2023-11-01 Concluded

Quarter scorecard

Revenue

$620.50M

+7.2% YoY

Diluted EPS

$0.87

+89.1% YoY

Gross margin

21.8%

+5.2 pp YoY

Net income

$46.50M

+90.6% YoY

Air Cooled $173.30M

+2.4%

Liquid Cooled $126.40M

+6.2%

Heat Transfer $119.20M

-5.6%

HVAC and Refrigeration $91.20M

-2.1%

Data Center Cooling $78.80M

+117.1%

Advanced Solutions $31.60M

-8.9%

Buybacks (derived)

$9.10M