Recent Updates — SPXC

SPX Technologies reported third-quarter revenue of $714.5 million, a 20.5% increase year-over-year, driven by strong demand in its HVAC segment. GAAP net income rose 30.6% to $81.9 million, with adjusted EPS reaching $2.21. The company raised its full-year revenue guidance to $2.745-$2.805 billion and increased the midpoint of its adjusted EPS outlook to approximately $8.35 from $8.40. SPX Technologies is a diversified global supplier of highly engineered products and technologies, holding leadership positions in HVAC and detection and measurement markets.

SPX Technologies reported second quarter 2026 results with revenue of $679.0 million, a 22.9% increase year-over-year, driven by strong demand in its HVAC segment and acquisitions including Neptronic, Crawford United, Thermolec, and Sigma & Omega. GAAP income from continuing operations rose 51.0% to $79.3 million, yielding diluted EPS of $1.56. The company raised its full-year 2026 guidance, projecting revenue between $2.705 billion and $2.765 billion, adjusted EBITDA between $630 million and $660 million, and adjusted EPS between $8.20 and $8.60. SPX Technologies is a diversified global supplier of highly engineered products and technologies with leadership positions in the HVAC and detection and measurement markets.

SPX Technologies, Inc. announced the election of Brian Deck as an independent director to its Board of Directors, effective July 27, 2026. Mr. Deck will also serve on the Audit and Governance & Sustainability Committees. SPX Technologies, Inc. is a supplier of highly engineered products and technologies for the HVAC and detection and measurement markets.

John W. Swann III, President of the Detection and Measurement Segment, announced his retirement in January 2027. SPX Technologies, Inc. operates in the industrial technology sector, providing specialized solutions for various industries.