Modine: Fiscal Q4 Earnings Snapshot

May 25, 2022 GMT

RACINE, Wis. (AP) _ Modine Manufacturing Co. (MOD) on Wednesday reported fiscal fourth-quarter net income of $8.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Racine, Wisconsin-based company said it had net income of 16 cents. Earnings, adjusted for restructuring costs and non-recurring costs, were 57 cents per share.

The heating and cooling products maker posted revenue of $574.4 million in the period.

For the year, the company reported net income of $85.2 million, or $1.62 per share, swinging to a profit in the period. Revenue was reported as $2.05 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOD at https://www.zacks.com/ap/MOD