Modine Manufacturing (MOD) Misses Q3 EPS by 25c

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Modine Reports Third Quarter Fiscal 2016 Results

February 2, 2016 4:15 PM EST

RACINE, Wis., Feb. 2, 2016 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD) a diversified global leader in thermal management technology and solutions, today reported financial results for the third quarter of fiscal year 2016.

Highlights:

Net sales declined 2.5 percent on a constant currency basis Gross margin improved 140 basis points to 17.8 percent Adjusted operating income was $17.2 million, up 21... More