Modine Manufacturing (NYSE: MOD) announced its first quarter fiscal year 2027 results, with data center sales increasing by 90% year-over-year to $348.6 million, and its backlog doubling. Management raised its full-year guidance, expecting data center revenue to exceed $2 billion in fiscal year 2028. The company has transitioned from an automotive parts supplier to a thermal management company, providing cooling technology for data centers, with its Climate Solutions segment becoming a primary growth engine. Over the past three years, Modine's stock price has risen by over 280%.