---
schema_version: "secwatch.filing_event.v1"
accession: "0000088205-22-000019"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T01:04:45.258663+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPX Q1 2022 GAAP EPS $0.28, adjusted EPS $0.40; raises full-year guidance

## Summary
- Q1 revenue $307.1M (+7% YoY); GAAP EPS $0.28 vs $0.50; adjusted EPS $0.40 vs $0.49.
- HVAC revenue $193.1M (+10%), but adjusted segment income margin down 240 bps to 10.7% on supply chain and labor constraints.
- Detection & Measurement revenue $114.0M (+2.2%); adjusted segment income margin down 480 bps to 16.7% on lower organic revenue.
- Full-year 2022 guidance raised: revenue $1.36-1.43B, adjusted EPS $2.55-2.85 (vs $2.50-2.80 prior) reflecting ITL acquisition.
- Ended Q1 with $269.5M cash and $242.7M debt; $100M share repurchase authorization in place.

## SEC filing metadata
- accession: 0000088205-22-000019
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88205/000008820522000019/0000088205-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000008820522000019/spxc-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088205-22-000019
- JSON: https://secwatch.observer/filing/0000088205-22-000019.json
- Plain text: https://secwatch.observer/filing/0000088205-22-000019.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.