---
schema_version: "secwatch.filing_event.v1"
accession: "0000088205-24-000006"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:25:40.206083+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SPX reports Q4 GAAP EPS $0.67, full-year $3.10; guides 2024 adj. EPS $4.85-$5.15

## Summary
- GAAP EPS Q4 $0.67 vs ($0.55); full-year $3.10 vs $0.43; net income $89.9M (2023) vs $0.2M (2022).
- Revenue Q4 $469.4M (+9% YoY); full-year $1,741M (+19% YoY); adjusted EBITDA $310.3M (+50%).
- Adjusted EPS Q4 $1.25 vs $1.17; full-year $4.31 vs $3.10; guides 2024 adj. EPS $4.85-$5.15.
- HVAC segment income margin improved to 23.4% in Q4 (up 390 bps); Detection & Measurement margin down to 18.9%.
- Completed two HVAC acquisitions (TAMCO, ASPEQ) in 2023; acquired Ingénia; 2024 rev guidance $1.93-$2.0B.

## SEC filing metadata
- accession: 0000088205-24-000006
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2024-02-22T23:59:59+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/88205/000008820524000006/0000088205-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000008820524000006/spxc-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000088205-24-000006
- JSON: https://secwatch.observer/filing/0000088205-24-000006.json
- Plain text: https://secwatch.observer/filing/0000088205-24-000006.txt

## Key facts
- Earnings Releases
  SPX Technologies, Inc. reported the year ended December 31, 2023 results: revenue $1,741.2 million, net income $144.7 million, EPS $3.10.
  - Period: the year ended December 31, 2023
  - Revenue: $1,741.2 million
  - Net income: $144.7 million
  - EPS: $3.10
  - Result: reported results
  source text: For the full year of 2023, the Company reported revenue of $1,741.2 million and operating income of $221.9 million, compared with revenue of $1,460.9 million and operating income of $51.0 million in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88205/000008820524000006/0000088205-24-000006-index.htm
- Earnings Releases
  SPX Technologies, Inc. reported Full-Year 2024 results: EPS $4.85 to $5.15. Guidance initiated.
  - Period: Full-Year 2024
  - EPS: $4.85 to $5.15
  - Guidance: initiated
  - Result: guidance update
  source text: Introducing 2024 Full-Year Adjusted EPS* Guidance Range of $4.85-$5.15
  evidence_url: https://www.sec.gov/Archives/edgar/data/88205/000008820524000006/0000088205-24-000006-index.htm
- Earnings Releases
  SPX Technologies, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $469.4 million, net income $31.6 million, EPS $0.67.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $469.4 million
  - Net income: $31.6 million
  - EPS: $0.67
  - Result: reported results
  source text: midpoint, and Adjusted EPS* in a range of $4.85 to $5.15, which reflects 16% growth at the midpoint.” Fourth Quarter 2023 Overview: Revenue for the fourth quarter of 2023 was $469.4 million, compared with $429.3 million in the fourth quarter of 2022. Operating income in the fourth quarter of 2023 was $63.1 million. This compares with an operating loss of $(24.9)
  evidence_url: https://www.sec.gov/Archives/edgar/data/88205/000008820524000006/0000088205-24-000006-index.htm

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