SPX Corp. (SPXC) Tops Q1 EPS by 32c; Guides Higher

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SPX Technologies Reports First Quarter 2023 Results

May 4, 2023 4:05 PM EDT

Q1 GAAP EPS of $0.84; Adjusted EPS* of $0.93Strong Demand and Execution in HVACUpdating 2023 Full-Year Adjusted EPS* Guidance to Range of $3.80 to $3.95

CHARLOTTE, N.C., May 04, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE: SPXC) (SPX, the Company, we or our) today reported results for the first quarter ended April 1, 2023.

Gene Lowe, President and CEO, remarked, I am very pleased with our first quarter performance, which included substantial year-over-year organic growth* in both our HVAC and Detection & Measurement... More