Highest-materiality recent filing
SPX beats Q1: rev $566.8M (+17.4%), adj EPS $1.69 (+22.5%); raises year guidance
Q1 revenue $566.8M (+17.4% YoY; organic +7.4%); GAAP EPS $1.27 (+15.5%).
SPX Technologies Q4 adj EPS $1.88 (+24.5%); FY 2026 revenue guidance $2.54-2.61B, adj EBITDA up ~20%
Q4 revenue $637.3M (+19.4% YoY); FY revenue $2,265.1M (+14.2%).
SPX Technologies Q3 revenue $592.8M (+22.6%); raises FY2025 Adjusted EBITDA and EPS guidance
Revenue $592.8M (+22.6% YoY); GAAP EPS $1.29 (+19.4%); Adjusted EPS $1.84 (+32.4%).
SPX Technologies closes $2.025B senior secured credit facility refinancing, maturing 2030
New facility includes $500M term loan, $1.5B revolver, and $25M foreign credit instrument facility.
SPX Technologies raises ~$500M in underwritten public offering of 2.66M shares at $188/share
Underwriting agreement signed Aug 12, 2025; offering closed Aug 14, 2025.
SPX Q2 revenue $552.4M (+10.2%), adj. EPS $1.65, raises full-year guidance
GAAP EPS $1.10 (+14.6%), adjusted EPS $1.65 (+16.2%), both above prior year.
SPX Technologies Q1 adj EPS $1.38 beats; raises FY2025 guidance
Revenue $482.6M (+3.7% total, +0.4% organic); GAAP EPS $1.10 (+4.8%); Adj EPS $1.38 (+10.4%)
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.
SPX Technologies Q3 GAAP EPS $1.08, adj. EPS $1.39; HVAC margin expands 370 bps
Q3 revenue $483.7M (+7.8% YoY), operating income $78.9M vs $57.7M, net income $50.2M (vs loss of $20.4M).
SPX Technologies upsizes revolving credit facility from $500M to $1.0B
Second Amendment increases aggregate revolving commitments to $1.0 billion, up from $500 million.
SPX Technologies Q2 GAAP EPS $0.96, adj. EPS $1.42; raises FY2024 adj. EPS guidance to $5.45-$5.60
Revenue $501.3M (+18.4% YoY); operating income $74.6M vs $51.3M.
SPX Technologies beats Q1 expectations; raises full-year adjusted EPS guidance to $5.15-$5.40
Q1 GAAP EPS $1.05, adjusted EPS $1.25, revenue $465.2M (+16.4% YoY).
SPX reports Q4 GAAP EPS $0.67, full-year $3.10; guides 2024 adj. EPS $4.85-$5.15
GAAP EPS Q4 $0.67 vs ($0.55); full-year $3.10 vs $0.43; net income $89.9M (2023) vs $0.2M (2022).
SPX Technologies acquires Ingénia Group for CAD 405M cash
SPX Technologies subsidiary acquired all shares of Target Corporations (Ingénia Group) for approx CAD 405M in cash.
SPX Q3 adj EPS $1.06 beats; rev $448.7M (+21%); raises FY adj EPS to $4.22-4.32
Q3 revenue $448.7M (+21% YoY); GAAP EPS $0.76; adjusted EPS $1.06 vs $0.81 prior year.
SPX Q2 adj EPS $1.06 beats prior year; raises FY adj EPS guide to $4.15-4.30
Q2 GAAP EPS $0.82 (vs $0.41); adj EPS $1.06 (vs $0.71); revenue $423.3M (+19.6% YoY).
SPX Technologies secures $300M incremental term loan facility; discloses ASPEQ merger agreement
SPX Enterprises (SPXC sub) added a $300M incremental term loan from 8 lenders; matures August 12, 2027.
SPX Technologies to acquire ASPEQ for $418M in cash via merger
SPX Enterprises (subsidiary of SPX) to buy ASPEQ for $418M cash, subject to typical closing adjustments.
SPX Technologies Q1 GAAP EPS $0.84, rev $399.8M; raises FY adjusted EPS guidance to $3.80-$3.95
Q1 revenue $399.8M (+30% YoY); GAAP EPS $0.84 (from $0.28); adjusted EPS $0.93 (from $0.40).
SPX reports Q4 adjusted EPS $1.17, full-year $3.10; guides FY2023 adjusted EPS $3.30-$3.55
Q4 GAAP EPS loss $(0.55) includes $73.9M asbestos portfolio sale loss and $13.4M impairment.
SPX Technologies appoints Mark Carano as CFO and Treasurer effective Jan 3, 2023
Mark Carano, previously SVP CFO of Insteel Industries, joins SPX as VP CFO & Treasurer.
SPX contributed $138.85M in cash to subsidiaries; buyer Canvas contributed $8M capital.
SPX Q3 adjusted EPS $0.81 vs $0.44; raises FY2022 guidance to $2.85-2.95
Revenue $370.5M (+30% YoY); GAAP EPS $0.27 (includes $0.27 asbestos charge), adjusted EPS $0.81 vs $0.44.
SPX Technologies CFO James Harris resigns; Michael Reilly named Interim CFO
James E. Harris, VP/CFO/Treasurer, resigned to join another firm; effective Sept 23, 2022.
SPX completes holding company reorganization, becomes SPX Technologies; new $770M credit facility
Holding company reorganization effective Aug 15, 2022; SPX merged into SPX Technologies Inc. (SPXC), successor issuer.
SPX Q2 adj EPS $0.71, revenue $354M; raises FY22 outlook; plans holding company reorg
Q2 adjusted EPS $0.71 vs $0.51 YoY; GAAP EPS $0.41 vs $0.38. Revenue $354.0M, up 19%.
SPX Q1 2022 GAAP EPS $0.28, adjusted EPS $0.40; raises full-year guidance
Q1 revenue $307.1M (+7% YoY); GAAP EPS $0.28 vs $0.50; adjusted EPS $0.40 vs $0.49.
SPX reports Q4 GAAP EPS $0.10, adj. EPS $0.88; 2022 adj. EPS guidance $2.50-$2.80
Q4 revenue $350M vs $348M YoY; GAAP operating income $13.9M vs $29.1M; adjusted operating income $48.4M vs $47.4M.
On June 18, 2026, John W. Swann III, President, Detection and Measurement Segment of SPX Technologies, Inc. (the “Company”), informed the Company of his decision to retire in January 2027.
On March 14, 2023, Michael A. Reilly, Chief Accounting Officer and Vice President, Finance of SPX Technologies, Inc. (the “Company”), informed the Company of his decision to retire effective as of April 7, 2023 (the “Transition Date”).
Wayne M. McLaren, age 44, Corporate Controller of the Company, will become Vice President, Chief Accounting Officer and Corporate Controller, effective as of the Transition Date.
the Board of Directors of the Company has appointed Mark A. Carano as Vice President, Chief Financial Officer and Treasurer of the Company, to be effective upon the commencement of his employment with the Company on January 3, 2023
On the Transition Date, Mr. Reilly will continue to serve as the Company’s Vice President, Finance and Chief Accounting Officer.
On August 29, 2022, James E. Harris, Vice President, Chief Financial Officer and Treasurer of SPX Technologies, Inc. (the “Company”), informed the Company of his decision to resign as an officer and employee of the Company in order to accept a position with another firm.
On September 1, 2022, the Company issued a press release announcing Mr. Harris’ departure and the appointment of Michael A. Reilly as Interim Chief Financial Officer of the Company, effective as of the Transition Date.
Max materiality 0.90 · Median 0.65 · Most common event earnings