HVAC equipment maker Burnham Holdings' Q3 sales, adjusted EPS rise
Burnham Holdings reported Q3 sales of $74.58 million, up year over year, and higher adjusted EPS. Gross margin rose to 21.5% from 19.6%, and the company expanded into chilled water buffer tanks for data center cooling systems.
1. Q3 results
Burnham Holdings' Q3 sales rose year over year to $74.58 million, and adjusted EPS increased from the prior-year quarter. Gross profit margin rose to 21.5% from 19.6%; the company said results benefited from its focus on its core boiler business.
2. Products and plans
The company expanded its product line to include chilled water buffer tanks for data center cooling systems. It plans to launch new high-efficiency and condensing products in 2027.
