---
schema_version: "secwatch.filing_event.v1"
accession: "0000088205-23-000017"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:47:54.038088+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SPX Technologies Q1 GAAP EPS $0.84, rev $399.8M; raises FY adjusted EPS guidance to $3.80-$3.95

## Summary
- Q1 revenue $399.8M (+30% YoY); GAAP EPS $0.84 (from $0.28); adjusted EPS $0.93 (from $0.40).
- HVAC segment revenue $251.6M (+30% YoY), segment margin 19.0% vs 10.7% last year, a record Q1.
- Detection & Measurement revenue $148.2M (+30% YoY), segment margin improved to 18.0% from 16.7%.
- FY 2023 guidance raised: revenue ~$1.61-$1.65B (was $1.50-$1.54B), adjusted EPS $3.80-$3.95 (was $3.30-$3.55).
- Acquired TAMCO; announced ASPEQ Heating Group acquisition, expected to close Q2 2023 subject to HSR clearance.

## SEC filing metadata
- accession: 0000088205-23-000017
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88205/000008820523000017/0000088205-23-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000008820523000017/spxc-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088205-23-000017
- JSON: https://secwatch.observer/filing/0000088205-23-000017.json
- Plain text: https://secwatch.observer/filing/0000088205-23-000017.txt

## Key facts
- Earnings Releases
  SPX Technologies, Inc. reported first quarter ended April 1, 2023 results: revenue $399.8 million, EPS $0.84. Guidance raised.
  - Period: first quarter ended April 1, 2023
  - Revenue: $399.8 million
  - EPS: $0.84
  - Guidance: raised
  - Result: reported results
  source text: For the first quarter of 2023, the company reported revenue of $399.8 million and operating income of $49.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/88205/000008820523000017/0000088205-23-000017-index.htm

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