SPX Corp. (SPXC) Tops Q1 EPS by 2c

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SPX Reports First Quarter 2016 Results

May 5, 2016 4:16 PM EDT

Strong Operating Performance Across Strategic PlatformsCompleted Sale of Dry Cooling BusinessInitiating Sale Process for European-Based Power Generation BusinessQ1 GAAP EPS of $0.34; Adjusted EPS* of $0.09

CHARLOTTE, N.C., May 05, 2016 (GLOBE NEWSWIRE) -- SPX Corporation (NYSE: SPXC) today reported results for the quarter ended April 2, 2016. 

To provide clarity to its operating results, the company reports Core and Base Power results, which exclude the effect of the South African projects, and separately reports on the progress and results associated with the South... More