reports
SPX Technologies Inc: 1 director
A director at SPX Technologies Inc sold/sold after exercising options 6,823 shares at 153.010USD and the significance rating of the trade was 72/100. 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 Reports First Quarter 2025 Results
SPX Reports First Quarter 2025 Results CHARLOTTE, N.C., May 01, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the first quarter ended March 29, 2025. First Quarter Highlights (amounts presented for continuing operations; all comparisons against the first quarter of 2024, unless otherwise noted) Revenue of $482.6 million, up 3.7%, including 0.4% organicallyGAAP income from continuing operations of $51.7 million, up 5.1%GAAP EPS of $1.10, up 4.8%Adjusted EPS* of $1.38, up 10.4%Adjusted EBITDA* of $102.6 mil...
SPX Technologies Announces Acquisition of Sigma & Omega
SPX Technologies Announces Acquisition of Sigma & Omega Expands HVAC Solutions to Include Vertical Heat Pumps and Self Contained Units; Highly Complementary Products and Channels CHARLOTTE, N.C., April 15, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it has completed the acquisition of Sigma Heating and Cooling and Omega Heat Pump (“Sigma & Omega”). The purchase price of approximately $144 million (CAD 200 million) reflects an acquisition multiple consistent with SPX’s typical range of 8x-12x Adjusted EBITDA*. Fo...
SPX Technologies to Report First Quarter 2025 Financial Results
SPX Technologies to Report First Quarter 2025 Financial Results CHARLOTTE, N.C., April 09, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that it will release its financial results for the first quarter of fiscal year 2025 after the U.S. financial markets close on Thursday, May 1, 2025. 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 conferenc...
SPX Technologies to Host Tour of Ingénia Facility on April 1, 2025
SPX Technologies to Host Tour of Ingénia Facility on April 1, 2025 CHARLOTTE, N.C., Feb. 25, 2025 (GLOBE NEWSWIRE) -- SPX Technologies Inc. (NYSE:SPXC) will host a tour of its Ingénia Technologies production facility on April 1, 2025, in Mirabel, Quebec, near Montreal. The event will be hosted by SPX’s corporate Investor Relations team and key managers of the company’s HVAC segment. The event is expected to begin mid-day and last approximately two hours in total. It will be open to current and prospective investors of SPX, as well as interested sell-side analysts. An invitation will be r...
SPX Reports Fourth Quarter and Full-Year 2024 Results
SPX Reports Fourth Quarter and Full-Year 2024 Results Q4 and Full Year 2024 GAAP EPS of $1.19 and $4.29 Compared with $0.67 and $3.10 in 2023, Up 78% and 38%Full-Year 2024 GAAP Net Income of $200.5 million Compared with $89.9 million in 2023, Up 123%Q4 and Full-Year Adjusted EPS* of $1.51 and $5.58 in 2024 Compared with $1.25 and $4.31 in 2023, Up 21% and 29%Introducing 2025 Full-Year Adjusted EPS* Guidance Range of $6.00-$6.25 CHARLOTTE, N.C., Feb. 25, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the fourth ...
SPX Technologies Completes Acquisition of Kranze Technology Solutions ...
SPX Technologies Completes Acquisition of Kranze Technology Solutions (“KTS”) Accelerates Growth Strategy of Communications Technologies Platform;Highly Complementary Technology and Growth Markets CHARLOTTE, N.C., Jan. 27, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) announced today that it has completed the acquisition of Kranze Technology Solutions, Inc. (“KTS”), a leader in digital interoperability and tactical networking solutions. KTS is now a part of SPX Technologies’ Communication Technologies (“CommTech”) platform, within its...
SPX Technologies to Report Fourth Quarter and Full-Year 2024 Financial...
SPX Technologies to Report Fourth Quarter and Full-Year 2024 Financial Results and Present 2025 Financial Guidance CHARLOTTE, N.C., Jan. 23, 2025 (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 2024 after the U.S. financial markets close on Tuesday, February 25, 2025. 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 t...
SPX Technologies Announces Agreement to Purchase Kranze Technology Sol...
SPX Technologies Announces Agreement to Purchase Kranze Technology Solutions (“KTS”) Further Strengthens and Scales Communications Technologies Platform;Significant Installed Base and Attractive Pipeline of Growth Opportunities CHARLOTTE, N.C., Dec. 23, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it has entered into a definitive agreement to purchase Kranze Technology Solutions, Inc. (“KTS”), a leader in digital interoperability and tactical networking solutions. Upon closing, KTS will become a part of SPX Technologies’ Communication Technologies (“CommTe...
SPX Technologies to Present at Wolfe Research Small and Mid-Cap Confer...
SPX Technologies to Present at Wolfe Research Small and Mid-Cap Conference and Sidoti Small Cap Conference CHARLOTTE, N.C., Nov. 29, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will participate in the Wolfe Research Small and Mid-Cap Conference in New York City on December 4th and virtually participate in the Sidoti Small Cap Conference on December 5th. SPX Technologies’ President and Chief Executive Officer Gene Lowe and SPX Technologies’ Vice President, Chief Financial Officer and Treasurer Mark Carano will participate in meetings with investors at b...
SPX Technologies Reports Third Quarter 2024 Results
SPX Technologies Reports Third Quarter 2024 Results Q3 GAAP EPS of $1.08; Adjusted EPS* of $1.39Significant Margin Expansion in Both HVAC and Detection & Measurement SegmentsWell-Positioned to Achieve Full-Year 2024 Guidance CHARLOTTE, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the third quarter ended September 28, 2024. Gene Lowe, President and CEO, remarked, “I am pleased with our Q3 financial results, which include solid growth in company revenue and substantial margin expansion in bo...
SPX Technologies to Report Third Quarter 2024 Financial Results
SPX Technologies to Report Third Quarter 2024 Financial Results CHARLOTTE, N.C., Oct. 07, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the third quarter of fiscal year 2024 after the U.S. financial markets close on Wednesday, October 30, 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...
SPX Introduces Seventh Annual Sustainability Report
SPX Introduces Seventh Annual Sustainability Report CHARLOTTE, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) announced today that its seventh annual sustainability report with data covering 2023 is available on the company’s website at (). Gene Lowe, President and CEO of SPX Technologies commented, “I am pleased to present our latest sustainability report, sharing another year of progress. Sustainability is a key component of our value creation framework, and is embedded into our business system and strategic planning process. Over the past year, we have mad...
SPX Technologies Announces Appointment of Jennifer Carpenter as Chief ...
SPX Technologies Announces Appointment of Jennifer Carpenter as Chief Human Resources Officer CHARLOTTE, N.C., Sept. 26, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, or the “Company”), is pleased to announce the appointment of Jennifer Carpenter as its new Chief Human Resources Officer (CHRO), effective September 30, 2024. She succeeds Tausha White, who earlier this year announced her decision to retire. Ms. Carpenter joins SPX with an extensive background of human resources and leadership experience. Gene Lowe, President and CEO, commented, “We are very pleased to...
SPX Technologies Reports Second Quarter 2024 Results
SPX Technologies Reports Second Quarter 2024 Results Q2 GAAP EPS of $0.96; Adjusted EPS* of $1.42Raising Full-Year 2024 Adjusted EPS* Guidance to Range of $5.45-$5.60 CHARLOTTE, N.C., Aug. 01, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the second quarter ended June 29, 2024. Gene Lowe, President and CEO, remarked, “I’m very pleased with our strong Q2 performance, which included substantial growth in all of our key profit measures and significant margin expansion in both segments. During the quarter...
SPX Technologies to Report Second Quarter 2024 Financial Results
SPX Technologies to Report Second Quarter 2024 Financial Results CHARLOTTE, N.C., July 11, 2024 (GLOBE NEWSWIRE) -- SPX Technologies (NYSE:SPXC) announced today that it will release its financial results for the second quarter of fiscal year 2024 after the U.S. financial markets close on Thursday, August 1, 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 ...
SPX Technologies Announces Appointment of Cherée Johnson as Chief Lega...
SPX Technologies Announces Appointment of Cherée Johnson as Chief Legal Officer CHARLOTTE, N.C., June 10, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, or the “Company), is pleased to announce the appointment of Cherée Johnson as its new Chief Legal Officer and Secretary, effective June 10, 2024. She succeeds John W. Nurkin, who earlier this year announced his decision to retire. Ms. Johnson joins SPX with a diverse background of global operations and legal experience across multiple industries. Gene Lowe, President and CEO, commented, “We are very pleased to wel...
SPX Technologies Reports First Quarter 2024 Results
SPX Technologies Reports First Quarter 2024 Results Q1 GAAP EPS of $1.05; Adjusted EPS* of $1.25 Strong Demand and Execution in HVAC Raising 2024 Full-Year Adjusted EPS* Guidance to a Range of $5.15 to $5.40 CHARLOTTE, N.C., May 02, 2024 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the first quarter ended March 30, 2024. Gene Lowe, President and CEO, remarked, “I’m very pleased with our strong Q1 performance, which included substantial growth in all of our key profit measures and significant margin expansion...
SPX Technologies to Report First Quarter 2024 Financial Results
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
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...
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