secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001140361-23-050850
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine Q2 beats, Adj. EBITDA $81.2M (+59% YoY); raises FY24 Adj. EBITDA guidance to $285-300M
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- Net sales $620.5M (+7% YoY); EPS $0.87 vs $0.46; Adj. EPS $0.89 vs $0.48.
- Data center sales more than doubled YoY for second consecutive quarter.
- Climate Solutions sales $275.8M (+8%); operating income $44.6M (+36%).
- Performance Technologies sales $351.7M (+7%); adj. EBITDA $42.0M (+73% YoY).
- Revised FY24 outlook: Net sales +6-11%; Adj. EBITDA $285-300M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000114036123050850/0001140361-23-050850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000114036123050850/ef20013754_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-050850

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer