SPX Technologies

SPX Technologies, Inc. is a supplier of engineered products and technologies in the HVAC and detection and measurement markets. The company was founded in 1912 and is headquartered in Charlotte, NC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

SPX (SPXC) exceeds Q4 expectations, eyes growth through digital initiatives

SPX (SPXC) delivered strong Q4 2022 results, with revenue and margin growth in key segments and a positive outlook for 2023.
The company's focus on digital initiatives and new CFO appointment position it well for future growth.
Challenges include working capital normalization and questions on sales outlook and margin guidance.
Opportunities lie in cooling product opportunities, digital initiatives, and long-term revenue stream building.

SPX Technologies excels in Q1, eyes growth through strategic acquisitions

SPX Technologies reported exceptional Q1 results, with strong revenue growth and margin expansion in the HVAC segment. Acquisitions and strategic initiatives are set to drive further growth, while challenges around potential recession impacts and labor competition persist. The company remains optimistic about future opportunities and is well-positioned for continued success.

SPX Technologies excels in Q2, raises guidance amid growth prospects

SPX Technologies delivered impressive Q2 results, raising full-year adjusted EPS guidance and positioning for continued growth. Executives expressed confidence in future growth, addressing pricing power, demand trends, and acquisitions progress. The company remains positive about opportunities in key segments and is focused on margin sustainability.

SPX Technologies reports strong Q3 growth and eyes future opportunities

SPX Technologies demonstrated robust growth in Q3, raising full-year guidance and showcasing strength in key segments.
While challenges like managing debt and evolving standards exist, the company is well-positioned to capitalize on growth opportunities.
With a focus on innovation, sustainability, and strategic partnerships, SPX is poised for continued success in the future.
Investors can be optimistic about SPX's performance and strategic direction, supported by strong financial metrics and growth prospects.

SPX Technologies posts strong Q4 results, eyes growth opportunities

SPX Technologies reported a robust Q4 performance with significant growth in adjusted EBITDA and EPS, driven by strategic acquisitions.
While facing challenges such as organic revenue decline and margin pressures, the company remains well-positioned for future growth.
Opportunities lie in leveraging recent acquisitions, improving organic growth strategies, and optimizing capital structure for sustained success.
Overall, SPX's financial strength, operational efficiency, and strategic guidance for 2024 signal a positive outlook for investors.

SPX (SPXC) reports strong Q1 performance, raises full-year guidance

SPX (SPXC) delivered a robust Q1 performance with significant revenue and profit growth, prompting an increase in full-year guidance. While challenges exist in maintaining growth and managing debt, the company's strategic focus on key segments and financial discipline position it well for future opportunities.

SPX Technologies excels in Q2, raises full-year guidance

SPX Technologies had a robust Q2, marked by significant revenue and profit growth, particularly in the HVAC segment. Despite challenges in the Detection & Measurement segment, the company's strategic initiatives and product successes are positioning it for continued success. With improved guidance and a focus on innovation, SPX is poised for sustained growth.

SPX Technologies reports robust Q3 results, eyes sustainable growth strategies

SPX Technologies demonstrated strong financial performance in Q3 2024, driven by robust revenue growth in the HVAC segment and improved margins despite challenges in the Detection & Measurement segment.
Maintaining guidance and focusing on sustainability initiatives indicate a proactive approach to future growth and market adaptation, while addressing analyst inquiries reflects transparency and strategic planning.
With a solid financial position, strategic focus on growth areas, and opportunities for expansion and innovation, SPX Technologies is poised for continued success and value creation in the market.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SPX Technologies, Inc. engages in the supply of infrastructure equipment. It operates through the HVAC and Detection and Measurement segments. The HVAC segment engineers, designs, manufactures, installs, and services cooling products and engineered air quality solutions to the HVAC and industrial markets, as well as heating and ventilation products for the residential and commercial markets. The Detection and Measurement segment engineers, designs, manufactures, services, and installs underground pipe and cable locators, inspection and rehabilitation equipment, robotic systems, fare collection systems, communication technologies, and obstruction lighting. The company was founded in 1912 and is headquartered in Charlotte, NC.

CHARLOTTE, N.C., Nov. 29, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will participate in the Wolfe Research Small and Mid-Cap Conference in New York City on December 4th and virtually participate in the Sidoti Small Cap Conference on December 5th.

SPX Technologies to Present at Wolfe Research Small and Mid-Cap Conference and Sidoti Small Cap Conference

SPX Technologies (SPXC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

SPX Technologies (SPXC) Loses -9.53% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Although the revenue and EPS for SPX Technologies (SPXC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

SPX Technologies (SPXC) Reports Q3 Earnings: What Key Metrics Have to Say

SPX Technologies, Inc (NYSE:SPXC ) Q3 2024 Results Conference Call October 30, 2024 4:45 PM ET Company Participants Paul Clegg - Vice President-Investor Relations Gene Lowe - President and Chief Executive Officer Mark Carano - Chief Financial Officer Conference Call Participants Ross Sparenblek - William Blair Bryan Blair - Oppenheimer Damian Karas - UBS Walter Liptak - Seaport Research Steve Ferazani - Sidoti Operator Good afternoon, and welcome to the SPX Technologies Q3 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

SPX Technologies, Inc (SPXC) Q3 2024 Earnings Call Transcript

SPX Technologies (SPXC) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.06 per share a year ago.

SPX Technologies (SPXC) Beats Q3 Earnings Estimates

Q3 GAAP EPS of $1.08 ; Adjusted EPS* of $1.39 Significant Margin Expansion in Both HVAC and Detection & Measurement Segments Well-Positioned to Achieve Full-Year 2024 Guidance

SPX Technologies Reports Third Quarter 2024 Results

SPX Technologies (SPXC) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Growth Investors Shouldn't Overlook SPX Technologies (SPXC)

SPX Technologies (SPXC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

SPX Technologies (SPXC) Upgraded to Buy: What Does It Mean for the Stock?

SPX Technologies (SPXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SPX Technologies (SPXC) Earnings Expected to Grow: Should You Buy?

Credo Technology Group Holding Ltd

SkyWest

SPX Technologies, SkyWest and Credo Technology Group are making new highs and are in buy zones.

These Three Stocks Have Worked Their Way To All-Time Highs

CHARLOTTE, N.C., Oct. 07, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the third quarter of fiscal year 2024 after the U.S. financial markets close on Wednesday, October 30, 2024.

SPX Technologies to Report Third Quarter 2024 Financial Results

SPX Technologies is Stock Of The Day as the HVAC innovator capitalizes on growth opportunities serving data centers, drugmakers and more.

Stock Of The Day: SPX Technologies Rides Data Centers, Pharma-Led Growth To Big Gains

CHARLOTTE, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that its seventh annual sustainability report with data covering 2023 is available on the company's website at (https://www.spx.com/our-company/sustainability-reporting/).

SPX Introduces Seventh Annual Sustainability Report

CHARLOTTE, N.C., Sept. 26, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, or the “Company”), is pleased to announce the appointment of Jennifer Carpenter as its new Chief Human Resources Officer (CHRO), effective September 30, 2024. She succeeds Tausha White, who earlier this year announced her decision to retire. Ms. Carpenter joins SPX with an extensive background of human resources and leadership experience.

SPX Technologies Announces Appointment of Jennifer Carpenter as Chief Human Resources Officer

Here is how SPX Technologies (SPXC) and Heidrick & Struggles (HSII) have performed compared to their sector so far this year.

Are Business Services Stocks Lagging SPX Technologies, Inc. (SPXC) This Year?

Here is how SPX Technologies (SPXC) and Envestnet (ENV) have performed compared to their sector so far this year.

Is SPX Technologies, Inc. (SPXC) Stock Outpacing Its Business Services Peers This Year?

SPX Technologies, Inc. (NYSE:SPXC ) Q2 2024 Results Conference Call August 1, 2024 4:45 PM ET Company Participants Paul Clegg - Vice President-Investor Relations Gene Lowe - President and Chief Executive Officer Mark Carano - Chief Financial Officer Conference Call Participants Ross Sparenblek - William Blair Bryan Blair - Oppenheimer Damian Karas - UBS Steve Ferazani - Sidoti Walter Liptak - Seaport Research Operator Thank you for standing by, and welcome to SPX Technologies Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

SPX Technologies, Inc. (SPXC) Q2 2024 Earnings Call Transcript

Badger Meter

Beazer Homes USA

If you're looking for an index to buy-and-hold, you shouldn't consider the Russell 2000. It makes no sense to follow a benchmark that has historically underperformed the S&P 500 and Nasdaq Composite for many years.

Q3's Rising Stars: 3 Russell 2000 Stocks for Your Must-Watch List

While the top- and bottom-line numbers for SPX Technologies (SPXC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

SPX Technologies (SPXC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

SPX Technologies (SPXC) came out with quarterly earnings of $1.42 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.06 per share a year ago.

SPX Technologies (SPXC) Q2 Earnings and Revenues Top Estimates

Here is how SPX Technologies (SPXC) and Seagate (STX) have performed compared to their sector so far this year.

Is SPX Technologies, Inc. (SPXC) Outperforming Other Business Services Stocks This Year?

Duolingo

Spotify

Block

Zeta Global Holdings Corp

We have narrowed our search to five technology services stocks. These are: DUOL, SQ, SPXC, SPOT, ZETA.

Buy 5 Technology Services Stocks to Enhance Your Portfolio

SPX Technologies (SPXC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SPX Technologies (SPXC) Reports Next Week: Wall Street Expects Earnings Growth

CHARLOTTE, N.C., July 11, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the second quarter of fiscal year 2024 after the U.S. financial markets close on Thursday, August 1, 2024.

SPX Technologies to Report Second Quarter 2024 Financial Results

AppLovin Corp

Aptiv Holdings Ltd

We have narrowed our search to five technology services stocks that have a solid upside left for the rest of 2024. These stocks are: APP, DUOL, APTV, SPOT, SPXC.

News for SPX Technologies Stock (SPXC)