Welcome to our dedicated page for SPX TECHNOLOGIES news (Ticker: SPXC), a resource for investors and traders seeking the latest updates and insights on SPX TECHNOLOGIES stock.
SPX Technologies, Inc. (NYSE: SPXC) generates a steady flow of news as a diversified, global supplier of highly engineered industrial technology equipment. Company announcements emphasize its focus on the HVAC and detection and measurement markets, with updates on segment performance, acquisitions, capital markets activity, and leadership changes.
Investors following SPXC news can expect regular quarterly earnings releases, where SPX reports results for its HVAC and Detection & Measurement segments and discusses trends in areas such as hydronic heating and cooling equipment, engineered air movement, communication technologies, transportation systems, aids to navigation, and inspection businesses. These releases often include commentary on organic and inorganic growth, non-GAAP measures like adjusted EBITDA and adjusted EPS, and updated full-year guidance ranges.
SPX news also covers acquisition activity, such as the completed acquisition of Sigma Heating and Cooling and Omega Heat Pump (Sigma & Omega) and the definitive agreement to acquire Crawford United Corporation’s commercial air-handling equipment segment. These announcements describe how new businesses expand SPX’s HVAC portfolio with vertical stack heat pumps, fan coils, institutional heating products, commercial self-contained units, and custom air-handling solutions serving markets like high-rise residential buildings, hotels, schools, hospitals, healthcare, universities, pharmaceutical, advanced manufacturing, and commercial properties.
Additional news items include public equity offerings and related underwriting agreements, credit agreement amendments that affect the company’s financing structure, and executive appointments, such as the naming of a new Vice President, General Counsel & Secretary. Together, these updates provide context on SPX’s strategic priorities, capital deployment, and governance.
By monitoring this news feed, readers can track SPXC’s financial disclosures, strategic transactions, and corporate developments as reported through press releases and related SEC filings.
SPX Technologies (NYSE:SPXC) reported Q4 2025 revenue of $637.3M (up 19.4%) and full-year 2025 revenue of $2.265B (up 14.2%). GAAP EPS was $1.54 in Q4 and $5.06 for FY. Adjusted EBITDA was $142.0M Q4 and $507.4M FY. The company provided 2026 guidance of $2.535–$2.605B revenue, Adjusted EBITDA $590–$620M, and Adjusted EPS $7.60–$8.00.
SPX cited organic and inorganic growth across HVAC and Detection & Measurement, noted recent acquisitions (Thermolec, Crawford air handling, KTS, Sigma & Omega), and improved liquidity with lower net debt and higher cash.
SPX Technologies (NYSE: SPXC) completed the acquisition of Crawford United for approximately $300 million, paying about $83.86 per share after adjustments.
Crawford United’s Commercial Air-Handling Equipment businesses (Air Enterprises and Rahn Industries) join SPX’s HVAC reportable segment, while Crawford’s Industrial & Transportation Products are recorded as assets held for sale and reported as discontinued operations as SPX seeks buyers. SPX will include Crawford United’s impact in its 2026 guidance when reporting Q4 2025 results on February 24, 2026.
SPX Technologies (NYSE:SPXC) completed the acquisition of Thermolec Ltd. on Jan. 20, 2026 for CA$195 million (≈US$140 million). Thermolec, a Montréal-based maker of custom electric duct heating founded in 1973, has nearly 200 employees and generates approximately US$35 million of annual revenue. Thermolec will join SPX's HVAC Electric Heat business alongside Marley Engineered Products and ASPEQ.
A substantial majority of Thermolec sales are in Canada; SPX plans to expand Thermolec’s U.S. sales while using Thermolec’s Canadian customer relationships to grow MEP sales in Canada. Management expects to include Thermolec’s impact when SPX provides full-year 2026 guidance.
SPX Technologies (NYSE:SPXC) will release fourth-quarter and full-year fiscal 2025 results after U.S. markets close on Tuesday, February 24, 2026. Company executives Gene Lowe (President & CEO) and Mark Carano (VP, CFO & Treasurer) will discuss results and 2026 financial guidance on a conference call the same day at 4:45 p.m. Eastern Time. The call will be simultaneously webcast and slides will be available in the Investor Relations section of the company website. Phone dial-in details require registration via the provided link. Participants are encouraged to join 15 minutes early. A replay of the webcast will be available for a limited time on the company website.
SPX Technologies (NYSE: SPXC) appointed Daniel Whitman as Vice President, General Counsel & Secretary, effective January 5, 2026.
Whitman joins from Parker Hannifin after a 20-year career, including 14 years as Vice President, Law, Deputy General Counsel and Assistant Secretary, where he led commercial, intellectual property, and international legal support and led EMEA legal operations during an expatriate assignment in Switzerland. He began as an IP attorney at Tarolli Sundheim Covell & Tummino and previously held engineering roles at Ingersoll-Rand and Air Technologies. Whitman holds a Juris Doctor, magna cum laude from the University of Akron and a B.S. in mechanical engineering from Purdue. He is registered to practice in Ohio and before the U.S. Patent & Trademark Office.
SPX Technologies (NYSE:SPXC) agreed to acquire Crawford United for an estimated $300 million, with Crawford shareholders to receive approximately $83.42 per share in cash after customary adjustments. The deal adds Crawford’s Commercial Air-Handling Equipment segment (Air Enterprises and Rahn Industries) to SPX’s HVAC segment; that segment reported $81.6 million in sales and $22.8 million operating profit for the trailing twelve months ended Sept. 30, 2025.
Non-core Industrial & Transportation Products businesses will be recorded as assets held for sale and reported as discontinued operations. The transaction is expected to close in Q1 2026, subject to regulatory approvals and Crawford shareholder approval.
SPX Technologies (NYSE:SPXC) reported Q3 2025 results for the quarter ended Sept 27, 2025, with revenue $592.8M (+22.6% vs. Q3 2024) and GAAP EPS $1.29 (+19.4%). Adjusted EPS was $1.84 (+32.4%) and Adjusted EBITDA $136.1M (+30.9%).
The company raised full‑year 2025 guidance: maintaining revenue range $2.225–$2.275B, and increasing Adjusted EBITDA to $495–$515M and Adjusted EPS to $6.65–$6.80 (midpoint ~+20% EBITDA YoY).
SPX Technologies (NYSE:SPXC) will release third quarter fiscal 2025 financial results after market close on Thursday, October 30, 2025.
Company executives Gene Lowe (President & CEO) and Mark Carano (VP, CFO & Treasurer) will discuss results and outlook on a conference call the same day at 4:45 p.m. ET. The call will be webcast and slides will be posted in the Investor Relations webcasts and presentations section. Phone dial-in details are available via the provided registration link and participants are encouraged to join 15 minutes early. A replay of the webcast will be available for a limited time on the company website.
SPX Technologies (NYSE:SPXC) has announced the pricing of its public offering of 2,659,575 shares of common stock at $188.00 per share. The offering is expected to generate approximately $500.0 million in gross proceeds before deducting underwriting costs and expenses.
The company has also granted underwriters a 30-day option to purchase up to 398,936 additional shares. The offering is expected to close around August 14, 2025. BofA Securities, J.P. Morgan, and Wells Fargo Securities are serving as joint book-running managers, with several other firms acting as co-managers.
SPX Technologies (NYSE:SPXC) has announced plans for a significant public offering of common stock valued at $500 million. The company will also grant underwriters a 30-day option to purchase up to an additional $75 million of shares.
The offering will be managed by joint book-runners BofA Securities, J.P. Morgan, and Wells Fargo Securities, with TD Cowen and Truist Securities also serving as book-running managers. The offering will be conducted through an effective automatic shelf registration statement previously filed with the SEC.