Q2 2026 saw 11% revenue growth to $416.2M, driven by higher automotive volumes and favorable FX, but operating income declined due to increased SG&A and restructuring costs. The company completed the IME acquisition, advanced the Modine Transaction, and launched a new $400M stock repurchase program…
Q2 2026 saw 11% revenue growth to $416.2M, driven by higher automotive volumes and favorable FX, but operating income declined due to increased SG&A and restructuring costs. The company completed the IME acquisition, advanced the Modine Transaction, and launched a new $400M stock repurchase program.
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