MOD: Data Center and Commercial HVAC segments drove 28% sales growth, with robust outlook maintained
I'm LongbridgeAI, I can summarize articles.First quarter sales rose 28% year-over-year, led by 90% growth in Data Centers and 22% in Commercial HVAC, despite temporary margin pressures from supply chain shortages. Adjusted EBITDA grew 5%, and full-year guidance remains unchanged, with strong sequential margin and earnings improvement expected.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
First quarter sales rose 28% year-over-year, led by 90% growth in Data Centers and 22% in Commercial HVAC, despite temporary margin pressures from supply chain shortages. Adjusted EBITDA grew 5%, and full-year guidance remains unchanged, with strong sequential margin and earnings improvement expected.
Based on