SPX Technologies to Report First Quarter 2024 Financial Results CHARLOTTE, N.C., April 15, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the first quarter of fiscal year 2024 after the U.S. financial markets close on Thursday, May 2, 2024. In conjunction with this announcement, SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company’s financial results and business outlook during a conference call...
SPX Reports Fourth Quarter and Full-Year 2023 Results GAAP EPS of $0.67 in Q4 2023 Compared with $(0.55) in Q4 2022 GAAP EPS of $3.10 in Full-Year 2023 Compared with $0.43 in Full-Year 2022 GAAP Net Income of $89.9 million in Full-Year 2023 Compared with $0.2 million in Full-Year 2022 Q4 and Full-Year Adjusted EPS* of $1.25 and $4.31 in 2023 Compared with $1.17 and $3.10 in 2022 Introducing 2024 Full-Year Adjusted EPS* Guidance Range of $4.85-$5.15 CHARLOTTE, N.C., Feb. 22, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported...
SPX Technologies to Host 2024 Investor Day on March 26th CHARLOTTE, N.C., Feb. 20, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) today announced that it will host an Investor Day in New York City on Tuesday, March 26, 2024. Gene Lowe, President and Chief Executive Officer of SPX Technologies and other members of the management team will provide an in-depth review of the Company's strategy, growth drivers, financial outlook and key initiatives. The event will include formal presentations as well as a Q&A session with senior leadership. Key presenters will include: Gene Lowe, Chie...
SPX Technologies Announces Acquisition of Ingénia Further Expands Strategic Positioning in Engineered Air MovementAccretive to HVAC Segment Growth and Margin CHARLOTTE, N.C., Feb. 07, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it has acquired privately held Ingénia Technologies (“Ingénia”) for approximately CA$405 million (approximately US$300 million) in cash, including acquired real estate. Headquartered in Mirabel, Quebec, Canada, Ingénia specializes in the design and manufacture of custom air handling units and has a strong reputation for superior pe...
SPX Technologies to Report Fourth Quarter and Full-Year 2023 Financial Results and Present 2024 Financial Guidance CHARLOTTE, N.C., Jan. 30, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the fourth quarter and full-year of fiscal year 2023 after the U.S. financial markets close on Thursday, February 22, 2024. In conjunction with this announcement, SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the ...
SPX Technologies Reports Third Quarter 2023 Results Q3 GAAP EPS of $0.76; Adjusted EPS* of $1.06 Raising Full-Year 2023 Adjusted EPS* Guidance to Range of $4.22-4.32 CHARLOTTE, N.C., Nov. 02, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the third quarter ended September 30, 2023. Gene Lowe, President and CEO remarked, “During Q3, our businesses continued to perform well, and the overall demand for our products remained strong. We achieved significant year-on-year revenue and margin growth, and our recent acq...
SPX Technologies to Report Third Quarter 2023 Financial Results CHARLOTTE, N.C., Oct. 12, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it will release its financial results for the third quarter of fiscal year 2023 after the U.S. financial markets close on Thursday, November 2, 2023. In conjunction with this announcement, SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company’s financial resul...
SPX Introduces Sixth Annual Sustainability Report CHARLOTTE, N.C., Sept. 14, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that its sixth annual sustainability report with data covering 2022 is available on the company’s website at (). Gene Lowe, President and CEO of SPX Technologies commented, “I am pleased to share another year of progress in our ESG efforts, reflecting our commitment to a strong sustainability culture and a journey of continuous improvement. This report is our most comprehensive to date and provides numerous examples of our progress on su...
SPX Technologies to Present at the Jefferies Industrials Conference on September 7th CHARLOTTE, N.C., Aug. 30, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX Technologies” or the “company”) announced today that it will deliver a presentation on September 7, 2023, at the Jefferies Industrials Conference. Representing the company will be Gene Lowe, President and Chief Executive Officer, and Mark Carano, Vice President and Chief Financial Officer. The company’s presentation will begin at 1:00pm ET on September 7, 2023 and can be accessed live here: . SPX Technologies will...
A director at SPX Technologies Inc sold after exercising options/sold 16,230 shares at 78.687USD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direct...
SPX Technologies Reports Second Quarter 2023 Results Q2 GAAP EPS of $0.82; Adjusted EPS* of $1.06 Raising Full-Year 2023 Adjusted EPS* Guidance to Range of $4.15-4.30 CHARLOTTE, N.C., Aug. 02, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the second quarter ended July 1, 2023. Gene Lowe, President and CEO, remarked, “I am very pleased with our Q2 and year-to-date results, which were driven by overall strong demand and execution. Our HVAC Cooling platform, in particular, continued to achieve strong perfor...
SPX Technologies to Report Second Quarter 2023 Financial Results CHARLOTTE, N.C., July 14, 2023 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the second quarter of fiscal year 2023 after the U.S. financial markets close on Wednesday, August 2, 2023. In conjunction with this announcement, SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company’s financial results and business outlook during a conferen...
SPX Technologies Reports First Quarter 2023 Results 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 s...
SPX Technologies Announces Agreement to Purchase ASPEQ Heating Group Expands Portfolio of Electrical Heating Products within HVAC Segment;Closing Anticipated in Second Quarter of 2023 CHARLOTTE, N.C., May 01, 2023 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it has entered into a definitive agreement to purchase ASPEQ Heating Group (“ASPEQ”), a leader in electrical heating solutions, from Industrial Growth Partners, a San Francisco-based private equity firm. ASPEQ will become a part of SPX Technologies’ HVAC Heating platform, within its electrical heating busines...
SPX Technologies to Report First Quarter 2023 Financial Results CHARLOTTE, N.C., April 13, 2023 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the first quarter of fiscal year 2023 after the U.S. financial markets close on Thursday, May 4, 2023. In conjunction with this announcement, SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss the Company’s financial results and business outlook during a conference ca...
SPX Technologies Announces Acquisition of TAMCO Expands Position in Engineered Air Movement;Accretive to HVAC Segment Growth and Margin CHARLOTTE, N.C., April 03, 2023 (GLOBE NEWSWIRE) -- SPX Technologies Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it has acquired privately held TAMCO for approximately CA$170 million (approximately US$125 million) in cash. Headquartered in Smiths Falls, Ontario, Canada, TAMCO is a market leader in motorized and non-motorized dampers that control airflow in large-scale specialty applications in commercial, industrial, and i...
SPX Technologies to Present at the Sidoti Virtual Conference on March 22nd CHARLOTTE, N.C., March 15, 2023 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will deliver a presentation and host one-on-one meetings with investors on March 22, 2023, at the Sidoti March Virtual Investor Conference. Representing the company will be Gene Lowe, President and Chief Executive Officer, and Mark Carano, Vice President and Chief Financial Officer. The company’s presentation will begin at 1:00pm ET on March 22, 2023 and can be accessed live here: . SPX Technologies will also h...
SPX Reports Fourth Quarter and Full-Year 2022 Results Q4 and Full-Year GAAP EPS of $(0.55) and $0.43 Q4 and Full-Year Adjusted EPS* of $1.17 and $3.10 Introducing 2023 Full-Year Adjusted EPS* Guidance Range of $3.30-$3.55 CHARLOTTE, N.C., Feb. 23, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the fourth quarter and year ended December 31, 2022. Gene Lowe, President and CEO, remarked, “I am very pleased with our fourth quarter and full-year 2022 performance, which included substantial year-over-year organi...
SPX Technologies to Report Fourth Quarter and Full-Year 2022 Financial Results and Present 2023 Financial Guidance CHARLOTTE, N.C., Jan. 26, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that it will release its financial results for the fourth quarter and full-year of fiscal year 2022 after the U.S. financial markets close on Thursday, February 23, 2023. In conjunction with this announcement, SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will discuss ...
SPX Technologies Announces Sustainability Commitments CHARLOTTE, N.C., Jan. 17, 2023 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (“SPX Technologies” or “SPX”) (NYSE:SPXC) today announced its sustainability commitments. The company has committed to a 30% reduction in greenhouse gas emissions intensity by 2030, and greater transparency in our diversity and inclusion disclosures, as we focus on enhancing our performance annually. Details of SPX’s commitments can be found at Gene Lowe, President and CEO of SPX commented, “I am excited to announce our sustainability commitments, which reflect...
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