secwatch.observer — SEC 8-K summary
======================================

Issuer:     SPX Technologies, Inc. (SPXC)
CIK:        0000088205
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0000088205-25-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPX Technologies Q4 GAAP EPS $1.19, revenue $533.7M; FY2024 adj EPS $5.58, FY2025 adj guide $6.00-$6.25
--------------------------------------------------------------------------------

- Q4 GAAP net income $56.5M ($1.19 diluted EPS) vs $31.6M ($0.67) in Q4 2023; revenue $533.7M up 13.7% YoY.
- Full-year 2024 GAAP net income $200.5M ($4.29 EPS) vs $89.9M ($3.10) in 2023; revenue $1.984B up 13.9%.
- Adj EPS Q4 $1.51 (+21% YoY); FY adj EPS $5.58 (+29% YoY); FY adj EBITDA $460.6M (+36%).
- HVAC revenue $1.365B (+21.6% FY24); Detection & Measurement revenue flat at $619.2M but margin improved to 22.1% vs 19.2%.
- 2025 guidance: revenue $2.13-$2.19B, adj EBITDA $460-$490M, adj EPS $6.00-$6.25, implying double-digit growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88205/000008820525000006/0000088205-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88205/000008820525000006/spxc-20250225.htm
  HTML page:      https://secwatch.observer/filing/0000088205-25-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer