HVAC equipment maker Burnham Holdings' Q3 sales, adj EPS rise
Overview
US boiler maker's Q3 sales rose yr/yr
Adjusted EPS for Q3 rose from prior year
Company expanded into chilled water buffer tanks for data center cooling systems
Outlook
Company plans to launch new high efficiency and condensing products in 2027
Result Drivers
CORE BOILER FOCUS - Co said results benefited from strategic focus on core boiler business
MARGIN IMPROVEMENT - Gross profit margin rose to 21.5% from 19.6% in prior-year qtr, contributing to profitability
NEW PRODUCT OFFERINGS - Co expanded product line to include chilled water buffer tanks for data center cooling systems
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | $74.58 mln |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)