Modine Q2 sales $578.8M (+21% YoY), adjusted EBITDA $51.1M (+73%), raises FY23 outlook

MODINE MANUFACTURING CO

2023-Q2 EPS reported $0.74 revenue$1,119,800,000

Net sales $578.8M (+21% YoY); operating income $36.8M vs $10.5M prior year.
GAAP EPS $0.46 (vs $0.01); adjusted EPS $0.48 (vs $0.15).
Adjusted EBITDA $51.1M (+73% YoY); raises FY23 adjusted EBITDA guidance to $190-$200M.
Climate Solutions segment sales $255.9M (+18%); Performance Technologies $330.0M (+22%).
Free cash flow $33.1M YTD, a $72.5M improvement from prior year.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MODINE MANUFACTURING CO reported the quarter ended September 30, 2022 results: revenue $578.8 million, net income Earnings per share of $0.46, EPS $0.46. Guidance raised.

Period: the quarter ended September 30, 2022
Revenue: $578.8 million
Net income: Earnings per share of $0.46
EPS: $0.46
Guidance: raised
Result: reported results

Exact text from the filing

leader in thermal management technology and solutions, today reported financial results for the quarter ended September 30, 2022. Second Quarter Highlights: • Net sales of $578.8 million increased 21 percent from the prior year • Operating income of $36.8 million increased $26.3 million from the prior year • Adjusted EBITDA of $51.1 million increased $21.6

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

MODINE MANUFACTURING CO filing history →

Source: SEC EDGAR

accession 0001140361-22-039606

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.