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.

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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.

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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.

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Earnings Estimates Rising for SPX Technologies (SPXC): Will It Gain?

SPX Technologies, Inc. (NYSE:SPXC ) Q1 2024 Earnings Conference Call May 2, 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 Bryan Blair – Oppenheimer Damian Karas – UBS Ross Sparenblek – William Blair Steve Ferazani – Sidoti Walter Liptak – Seaport Research Operator Good day and thank you for standing by. Welcome to the Q1 2024 SPX Technologies Earnings Conference Call.

SPX Technologies, Inc. (SPXC) Q1 2024 Earnings Call Transcript

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SPX Technologies (SPXC) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.93 per share a year ago.

SPX Technologies (SPXC) Q1 Earnings and Revenues Surpass Estimates

Q1 GAAP EPS of $1.05; Adjusted EPS* of $1.25    Strong Demand and Execution in HVAC Raising 2024 Full-Year Adjusted EPS* Guidance to a Range of $5.15 to $5.40 CHARLOTTE, N.C., May 02, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the first quarter ended March 30, 2024.

SPX Technologies Reports First Quarter 2024 Results

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CHARLOTTE, N.C., April 15, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the first quarter of fiscal year 2024 after the U.S. financial markets close on Thursday, May 2, 2024.

SPX Technologies to Report First Quarter 2024 Financial Results

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SPX Technologies, Inc. (SPXC) Q4 2023 Earnings Call Transcript

The headline numbers for SPX Technologies (SPXC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News for SPX Stock (SPXC)