Modine Q3 net sales up 31% YoY to $805mln, raises FY23 outlook.
ByAinvest
Wednesday, Feb 4, 2026 4:39 pm ET1min read
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• Modine reports Q3 FY26 revenue of $805M, up 31% YoY • Climate Solutions segment revenue grows 51% driven by DC production ramp • Net loss of $46.8M, loss per share of $0.90 • Successfully terminated U.S. pension plan • Adjusted EBITDA of $119.6M, up $32M YoY • Raised full-year outlook for revenue and earnings
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