Modine Reports Third Quarter Fiscal 2021 Results
Continued market recovery and disciplined cost controls drive higher margins and cash flow
News provided by
Share this article
Share this article
RACINE, Wis., Feb. 4, 2021 /PRNewswire/ Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended December 31, 2020.
Third Quarter Highlights:
Net sales of $484.3 million increased 2 percent from the prior year, primarily due to favorable currency impacts
Impairment charges related to assets in the automotive segment and income tax valuation allowance charges resulted in a GAAP operating loss of $108.7 million and net loss per share of $3.81
Modine to Host Third Quarter Fiscal 2021 Earnings Conference Call on February 5, 2021
News provided by
Share this article
Share this article
RACINE, Wis., Jan. 25, 2021 /PRNewswire/ Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its third quarter financial results for the period ended December 31, 2020 on Friday, February 5, 2021 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Results are scheduled to be released after the market closes on Thursday, February 4, 2021.
During the call, Modine President and Chief Executive Officer, Neil D. Brinker, and Vice President, Finance and Chief Financial Officer, Michael B. (Mick) Lucareli, will review the company s third quarter fiscal year 2021 financial results.