Welcome to our dedicated page for Modine Manufacturing Co news (Ticker: $MOD), a resource for investors and traders seeking the latest updates and insights on Modine Manufacturing Co stock.
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Rhea-AI Summary
Modine (NYSE: MOD) will host a conference call and webcast to discuss its third quarter financial results for the period ended December 31, 2023, on January 31, 2024. President and CEO Neil D. Brinker and CFO Michael B. Lucareli will review the company's financial results. Access the live webcast and presentation slides through the investor section of Modine's website. Replays of the slides, audio, and transcript will be available on the company's website.
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End-of-Day
3.19%
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Modine (MOD) has been recognized with the 2023 North American New Product Innovation Award for its EVantage™ Thermal Management Systems, which improve electric vehicle range, performance, and battery life. The company's cutting-edge technologies and expertise make it a go-to choice for businesses looking to optimize operations, accelerate decarbonization, and stay ahead of the competition. The EVantage™ suite includes a Battery Thermal Management System (BTMS) and an Electronics Cooling Package (ECP) that seamlessly integrate into a wide range of vehicles, providing plug-and-play solutions that enhance performance and longevity while minimizing power draw.
Rhea-AI Impact
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End-of-Day
-1.19%
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Bosch Rexroth (NYSE: MOD) partners with Modine to advance electrification of off-highway machinery with EVantage thermal management systems
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0.43%
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Modine (NYSE: MOD) has acquired the intellectual property and assets of TMG Core, specializing in single- and two-phase liquid immersion cooling technology for data centers. This investment strengthens Modine's position in the rapidly growing data center market, providing advanced solutions to support high-density, accelerated computing applications. Analysts forecast the data center liquid cooling market to reach $7.8 billion by 2028.
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End-of-Day
-3.61%
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Modine (NYSE: MOD) introduces VidaShield™ UV24 Active Air Disinfection System to help improve IAQ in schools. This innovative solution combines germicidal irradiation with air circulation fans to combat airborne pathogens, including SARS-CoV-2 and other viruses, providing a safe and easy-to-install solution for enhanced indoor air quality.
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End-of-Day
-0.88%
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Modine (MOD) appoints Erin J. Roth as Vice President, General Counsel, and Corporate Secretary. With over 20 years of legal experience, including a decade in similar roles, Roth will lead Modine's global Legal and Compliance functions, providing legal support, overseeing ESG initiatives, M&A, board governance, and securities and corporate compliance. Modine's CEO, Neil D. Brinker, expresses excitement for Roth's strategic leadership and transformation initiatives to drive global business strategies.
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-0.73%
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Modine reported strong second quarter results, with net sales of $620.5 million, operating income of $65.7 million, and adjusted EBITDA of $81.2 million. Earnings per share were $0.87 compared to $0.46 in the prior year. The company also revised its full-year outlook, expecting net sales to increase by 6% to 11% and adjusted EBITDA to be $285 million to $300 million, a 34% to 41% increase over the prior year.
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End-of-Day
-1.9%
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Modine to host conference call and webcast to discuss second quarter financial results
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0.6%
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Modine donates Airedale ClassMate® units to improve indoor air quality at Parry McCluer High School
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-11.1%
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Modine introduces Amp Dawg™ electric heating line for residential market
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End-of-Day
6.98%
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Modine Manufacturing Co
NYSE:MOD
MOD Rankings
MOD Stock Data
4.92B
51.18M
2.04%
98.51%
4.99%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
United States of America
RACINE
About MOD
since 1916, modine manufacturing company has applied innovative thermal technology to meet customer's needs. modine breakthroughs in customized heating and cooling solutions have yielded state-of-the-art components, modules and systems that have given the world's vehicle makers and commercial equipment manufacturers a competitive edge in the markets they serve. markets served include automotive, truck, off highway/construction, and hvac&r.