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 (SPXC) delivers engineered solutions and advanced measurement systems for critical infrastructure and industrial markets. This news hub provides investors and industry professionals with essential updates on corporate developments, strategic initiatives, and technological advancements.
Access real-time announcements including quarterly earnings, product innovations, and acquisition activity. Our curated feed ensures you stay informed about SPXC's HVAC system enhancements and detection technology breakthroughs without market speculation.
Key updates cover operational expansions, leadership changes, and partnerships driving digital interoperability in tactical networks. Bookmark this page for direct access to SEC filings, press releases, and objective analysis of market-moving events.
Return regularly for comprehensive coverage of SPXC's global engineering projects and maintenance service updates across commercial and defense sectors. All content undergoes strict editorial review to maintain factual accuracy and relevance for decision-makers.
SPX Technologies, Inc. reported strong Q1 2024 results, highlighting Q1 GAAP EPS of $1.05 and adjusted EPS of $1.25. Revenue increased to $465.2 million, operating income reached $64.6 million, and net income was $49.0 million. Adjusted EBITDA grew by 46.7% to $92.0 million. HVAC segment revenue increased by 20.2%, while the Detection & Measurement segment saw a 9.9% revenue increase. SPX raised its 2024 full-year adjusted EPS guidance to $5.15-$5.40, reflecting a 23% year-on-year growth.
FAQ
What is the current stock price of SPX TECHNOLOGIES (SPXC)?
What is the market cap of SPX TECHNOLOGIES (SPXC)?
