---
schema_version: "secwatch.filing_event.v1"
accession: "0000088205-23-000005"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:44:59.317167+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SPX reports Q4 adjusted EPS $1.17, full-year $3.10; guides FY2023 adjusted EPS $3.30-$3.55

## Summary
- Q4 GAAP EPS loss $(0.55) includes $73.9M asbestos portfolio sale loss and $13.4M impairment.
- Q4 revenue $429.3M (+22.7% YoY); HVAC organic growth 21.1%, Detection & Measurement organic 14.4%.
- Full-year 2022 revenue $1,460.9M (+19.8% YoY); adjusted operating income $187.4M vs $135.1M in 2021.
- FY2023 guidance: revenue $1.50-$1.54B, adjusted EPS $3.30-$3.55 (midpoint ~10% YoY growth).
- HVAC segment margin improved to 19.5% in Q4 (16.3% in Q4 2021); Detection & Measurement margin 23.9%.

## SEC filing metadata
- accession: 0000088205-23-000005
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2023-02-23T23:59:59+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/88205/000008820523000005/0000088205-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000008820523000005/spxc-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088205-23-000005
- JSON: https://secwatch.observer/filing/0000088205-23-000005.json
- Plain text: https://secwatch.observer/filing/0000088205-23-000005.txt

## Key facts
- Earnings Releases
  SPX Technologies, Inc. reported the fourth quarter and year ended December 31, 2022 results: revenue $429.3 million, net income ($0.55), EPS $(0.55).
  - Period: the fourth quarter and year ended December 31, 2022
  - Revenue: $429.3 million
  - Net income: ($0.55)
  - EPS: $(0.55)
  - Result: reported results
  source text: we are well-positioned to continue driving value, and remain on track to achieve our ‘SPX 2025’ plan.” Fourth Quarter 2022 Overview: Revenue for the fourth quarter of 2022 was $429.3 million, compared with $350.0 million in the fourth quarter of 2021. Operating loss in the fourth quarter of 2022 was $24.9 million, which includes the effects of a $73.9 million loss
  evidence_url: https://www.sec.gov/Archives/edgar/data/88205/000008820523000005/0000088205-23-000005-index.htm

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