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.

Q2 GAAP EPS of $0.41; Adjusted EPS* of $0.71 Raising Full-Year 2022 Adjusted EPS* Guidance to Range of $2.70-2.85 Repurchased $34 Million of Common Stock Announcing Plan to Reorganize Legal Structure

SPX Reports Second Quarter 2022 Results

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

CHARLOTTE, N.C., July 25, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE: SPXC) (“SPX” or the “Company”) announces that it has applied to the Autorité des marchés financiers (the “AMF”), as principal regulator, for an order (the “Requested Order”) that the Company has ceased to be a reporting issuer in Alberta, British Columbia, Nova Scotia and Québec.

SPX Corporation Files Application to Cease to be a Reporting Issuer in Canada

CHARLOTTE, N.C., July 07, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it will release its financial results for the second quarter of fiscal year 2022 after the U.S. financial markets close on Thursday, August 4, 2022.

SPX to Report Second Quarter 2022 Financial Results

SPX (SPXC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

SPX (SPXC) Upgraded to Buy: Here's Why

SPX Corporation (NYSE:SPXC ) Q1 2022 Earnings Conference Call May 4, 2022 4:45 PM ET Company Participants Paul Clegg - VP of IR and Communications Gene Lowe - President and CEO James Harris - CFO, VP & Treasurer Conference Call Participants Damian Karas - UBS Steve Ferazani - Sidoti Walter Liptak - Seaport Global Operator Thank you for standing by. And welcome to the SPX Corporation's First Quarter 2022 Earnings Conference Call.

SPX Corporation (SPXC) CEO Gene Lowe on Q1 2022 Results - Earnings Call Transcript

SPX (SPXC) delivered earnings and revenue surprises of 17.65% and 0.37%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

SPX (SPXC) Q1 Earnings and Revenues Surpass Estimates

Q1 GAAP EPS of $0.28; Adjusted EPS* of $0.40 Strong Demand Continues; Managing Macro Risks Updating 2022 Full-Year Adjusted EPS* Guidance for ITL Acquisition

SPX Reports First Quarter 2022 Results

Is SPX (SPXC) a great pick from the value investor's perspective right now? Read on to know more.

Can Value Investors Consider SPX (SPXC) Stock Right Now?

CHARLOTTE, N.C., April 13, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it will release its first quarter 2022 financial results after market close on Wednesday, May 4, 2022.

SPX to Report First Quarter 2022 Financial Results

Broadens and Strengthens SPX's Aids-to-Navigation Platform Broadens and Strengthens SPX's Aids-to-Navigation Platform

SPX Announces Acquisition of International Tower Lighting, LLC

SPX (SPXC) delivered earnings and revenue surprises of 4.76% and 2.07%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

SPX (SPXC) Tops Q4 Earnings Estimates

Q4 and Full-Year GAAP EPS of $0.10 and $1.27 Q4 and Full-Year Adjusted EPS* of $0.88 and $2.33 Introducing 2022 Full-Year Adjusted EPS* Guidance Range of $2.50-$2.80

SPX Reports Fourth Quarter and Full-Year 2021 Results

CHARLOTTE, N.C., Feb. 02, 2022 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE:SPXC) announced today that it will release its fourth quarter and full-year 2021 financial results after market close on Wednesday, February 23, 2022.

SPX to Report Fourth Quarter and Full-Year 2021 Financial Results and Present 2022 Financial Guidance on February 23rd

Approximate Annual Revenue of $60-70 million;Attractive Potential for Further Expansion in Engineered Air Quality

SPX Completes Acquisition of Cincinnati Fan

SPX Corp (NYSE: SPXC) has agreed to purchase Cincinnati Fan & Ventilator Co., Inc., from Dominus Capital L.P. for undisclosed financial terms.

SPX To Buy Cincinnati Fan From Dominus Capital For Undisclosed Sum

NEW YORK, Nov. 15, 2021 /PRNewswire/ -- Dominus Capital, L.P., a leading private equity firm based in New York, announced today that it has entered into a definitive agreement to sell Cincinnati Fan & Ventilator Co., Inc. ("Cincinnati Fan"), a leader in engineered air movement solutions, including blowers and critical exhaust systems, to SPX Corporation (NYSE:SPXC).

Dominus Capital Announces Agreement to Sell Cincinnati Fan to SPX Corporation

SPX (SPXC) delivered earnings and revenue surprises of -2.38% and -4.05%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

SPX (SPXC) Q3 Earnings and Revenues Miss Estimates

Q3 2021 GAAP EPS of $0.17; Q3 2021 Adjusted EPS* of $0.41; Sale of Transformers Repositions Company for Growth; Strong Cash Flow and Balance Sheet; Updating 2021 Full-Year Guidance for Supply Chain Constraints

SPX Reports Third Quarter 2021 Results

Analysts Estimate SPX (SPXC) to Report a Decline in Earnings: What to Look Out for

Transaction Strengthens SPX's Focus on Growth in HVAC and Detection & Measurement Transaction Strengthens SPX's Focus on Growth in HVAC and Detection & Measurement

SPX Announces Completion of Sale of SPX Transformer Solutions to Prolec GE

While SPX earnings have recovered strongly since last year's recession, posting new all-time highs on a trailing 12-month basis, dividend payments have yet to regain their 2020 all-time high.

SPX: Low Dividend Yield Equals High Risk

CHARLOTTE, N.C., Aug. 30, 2021 (GLOBE NEWSWIRE) -- SPX Corporation (“SPX”) (NYSE: SPXC) announced today that it has released its fourth annual sustainability report with data covering 2020. The report is available on the company's website at spx.com (https://www.spx.com/our-company/esg-reporting/).

SPX Introduces Fourth Annual Sustainability Report

SPX (SPXC) delivered earnings and revenue surprises of 19.51% and 0.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

SPX (SPXC) Surpasses Q2 Earnings and Revenue Estimates

Shares of SPX (NYSE:SPXC) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 23.44% over the past year to $0.49, which beat the estimate of $0.46.

News for SPX Technologies Stock (SPXC)