---
schema_version: "secwatch.filing_event.v1"
accession: "0000088205-23-000035"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:25:53.673728+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SPX Q3 adj EPS $1.06 beats; rev $448.7M (+21%); raises FY adj EPS to $4.22-4.32

## Summary
- Q3 revenue $448.7M (+21% YoY); GAAP EPS $0.76; adjusted EPS $1.06 vs $0.81 prior year.
- HVAC revenue up 27% (organic +10.6%, acquisitions +16.3%); segment margin 20.2% vs 14.5%.
- Detection & Measurement revenue up 11.8% (organic +10.4%); segment margin 20.9% vs 21.2%.
- FY 2023 adjusted EPS guidance raised to $4.22-4.32 (prior $4.15-4.30) on rev ~$1.74-1.77B.
- Reached settlement with Mitsubishi resolving all South Africa power project claims.

## SEC filing metadata
- accession: 0000088205-23-000035
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2023-11-02T23:59:59+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/88205/000008820523000035/0000088205-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000008820523000035/spxc-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088205-23-000035
- JSON: https://secwatch.observer/filing/0000088205-23-000035.json
- Plain text: https://secwatch.observer/filing/0000088205-23-000035.txt

## Key facts
- Earnings Releases
  SPX Technologies, Inc. reported third quarter ended September 30, 2023 results: revenue $448.7 million, net income Income from continuing operations 35.7, EPS $0.76. Guidance raised.
  - Period: third quarter ended September 30, 2023
  - Revenue: $448.7 million
  - Net income: Income from continuing operations 35.7
  - EPS: $0.76
  - Guidance: raised
  - Result: reported results
  source text: ends our involvement with these projects and allows us to further focus on growth.” Third Quarter 2023 Overview: For the third quarter of 2023, the Company reported reve nue of $448.7 million and operating income of $57.7 million, compared with revenue of $370.5 million and operating income of $37.3 million in the third quarter of 2022. Diluted income per share from
  evidence_url: https://www.sec.gov/Archives/edgar/data/88205/000008820523000035/0000088205-23-000035-index.htm

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