---
schema_version: "secwatch.filing_event.v1"
accession: "0000088205-22-000041"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:54:30.251867+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SPX Q3 adjusted EPS $0.81 vs $0.44; raises FY2022 guidance to $2.85-2.95

## Summary
- Revenue $370.5M (+30% YoY); GAAP EPS $0.27 (includes $0.27 asbestos charge), adjusted EPS $0.81 vs $0.44.
- HVAC revenue +27% (organic +16.3%); Detection & Measurement +34.1% (organic +24%).
- Guidance raised: FY2022 adjusted EPS $2.85-2.95 (from $2.70-2.85), revenue $1.43-1.47B.
- Adjusted operating income $48.3M (13.0% margin) vs $27.4M; segment income margins improved.
- Asbestos charge of $16.5M from unfavorable insurance ruling; divestiture of legacy asbestos liabilities.

## SEC filing metadata
- accession: 0000088205-22-000041
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88205/000008820522000041/0000088205-22-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000008820522000041/spxc-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088205-22-000041
- JSON: https://secwatch.observer/filing/0000088205-22-000041.json
- Plain text: https://secwatch.observer/filing/0000088205-22-000041.txt

## Key facts
- Earnings Releases
  SPX Technologies, Inc. reported the third quarter ended October 1, 2022 results: revenue $370.5 million, net income $12.5 million, EPS $0.27. Guidance raised.
  - Period: the third quarter ended October 1, 2022
  - Revenue: $370.5 million
  - Net income: $12.5 million
  - EPS: $0.27
  - Guidance: raised
  - Result: reported results
  source text: For the third quarter of 2022, the company reported revenue of $370.5 million and operating income of $37.3 million, compared to revenue of $285.7 million and operating income of $17.7 million in the third quarter of 2021. Diluted income per share from continuing operations in the third quarter of 2022 was $0.27, compared to $0.30 in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88205/000008820522000041/0000088205-22-000041-index.htm

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