SPX Technologies Fiscal Q1 Adjusted Earnings, Revenue Increase

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Yesterday

SPX Technologies (SPXC) reported fiscal Q1 adjusted earnings late Thursday of $1.38 per share, up from $1.25 a year earlier.

Analysts polled by FactSet expected $1.17.

Revenue for the quarter ended March 29 was $482.6 million, up from $465.2 million a year earlier.

Analysts surveyed by FactSet expected $482 million.

The company raised its 2025 adjusted EPS guidance to a range of $6.10 to $6.40, up from the prior $6 to $6.25, on an increased revenue projection of $2.20 billion to $2.26 billion, up from the previous $2.13 billion to $2.19 billion.

Analysts polled by FactSet expect non-GAAP EPS of $6.17 on sales of $2.17 billion.

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