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Modine Manufacturing Q2 Revenue Up 35% and Data Center Segment Growth

The Motley Fool +1 · ·by G4L

MOD
MOD Modine Manufacturing Co
$106.10 -0.53%
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  1. 1Modine Manufacturing Company recorded quarterly orders exceeding $1 billion in the second quarter.
  2. 2Modine Manufacturing Company achieved 95% of the growth in its data center segment revenue in the second quarter.
  3. 3Modine Manufacturing Company forecasts its total corporate profit growth rate to exceed 50% for fiscal year 2027.

So what's the key point?

Modine Manufacturing Company received over $1 billion in orders during the second quarter. The data center segment is driving growth, and corporate profits are expected to increase significantly in the future.

Source The Motley Fool +1 · View original ↗

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