Pivotal-Point Tracking Modine Manufacturing (MOD): 78% Growth in the Data Center Segment Drives Specialist's EPS for Cooling to $1.19!
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The pure-play provider of cooling solutions is advancing its AI infrastructure and triggered a massive stock surge on January 29 through a strategic realignment. The company announced it would merge its Performance Technologies segment with Gentherm for about $1 billion. Strong Q3 numbers on February 4th reinforced this path. The adjusted earnings of $1.19 significantly exceeded expectations of $0.99. Revenue climbed by 31% to $805 million. Particularly impressive was the organic growth in the data center cooling sector, which increased by 78% year-over-year....
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