Earnings summaries and quarterly performance for SPX Technologies.
Executive leadership at SPX Technologies.
Gene Lowe
Detailed
President and Chief Executive Officer
CEO
Cherée Johnson
Detailed
Vice President, Chief Legal Officer and Secretary
John Swann
Detailed
Segment President, Detection & Measurement
Mark Carano
Detailed
Chief Financial Officer, Vice President and Treasurer
Randall Data
Detailed
President, Global Operations
Sean McClenaghan
Detailed
Segment President, HVAC
Board of directors at SPX Technologies.
Research analysts who have asked questions during SPX Technologies earnings calls.
Bryan Blair
Oppenheimer
4 questions for SPXC
Also covers: AOS, CSL, DCI +12 more
Ross Sparenblek
William Blair & Company
4 questions for SPXC
Also covers: ELAN, EPAC, JBT +7 more
Steve Ferazani
Sidoti & Company
4 questions for SPXC
Also covers: AROC, ASTE, BRC +16 more
Damian Karas
UBS
3 questions for SPXC
Also covers: ALH, AOS, CGNX +14 more
Bradley Hewitt
Wolfe Research
2 questions for SPXC
Also covers: FTV, ITT, JBI +2 more
Walter Liptak
Seaport Research Partners
2 questions for SPXC
Also covers: CMCO, FELE, FSS +12 more
Brad Hewitt
Wolfe Research, LLC
1 question for SPXC
Also covers: GGG, ITT, NDSN +1 more
Jeff Van Sinderen
B. Riley Securities
1 question for SPXC
Also covers: BTMD, BYRN, CDRE +11 more
Recent press releases and 8-K filings for SPXC.
SPX Technologies Reports Strong Q3 2025 Results and Raises Full-Year Guidance
SPXC
Earnings
Guidance Update
New Projects/Investments
- SPX Technologies reported strong Q3 2025 performance, with adjusted EPS growing by 32% to $1.84 and revenue increasing by 23% year-over-year. Adjusted EBITDA also grew approximately 31% year-over-year, accompanied by 150 basis points of margin expansion.
- The company raised its full-year 2025 adjusted EPS guidance to a range of $6.65 to $6.80, representing approximately 21% year-over-year growth at the midpoint. Adjusted EBITDA is now anticipated to exceed $500 million, implying approximately 20% growth year-over-year.
- SPX Technologies strengthened its financial position by completing a $575 million common stock offering and increasing its revolving credit facility capacity by $500 million to $1.5 billion, which boosted liquidity by over $1 billion without diluting 2025 EPS. The leverage ratio at quarter end was approximately 0.5 times.
- Strategic growth initiatives are progressing, including capacity expansion plans for engineered air movement businesses, such as a new TAMCO facility in Tennessee, and the company is on track to achieve $50 million in Olympus Max product bookings in 2025 for 2026 revenue.
Oct 30, 2025, 8:45 PM
SPX Technologies Reports Strong Q3 2025 Results and Raises Full-Year Guidance
SPXC
Earnings
Guidance Update
M&A
- SPX Technologies reported strong Q3 2025 results, with adjusted EPS growing 32% to $1.84 and total revenue increasing 23% year-over-year. The company raised its full-year 2025 guidance, now expecting adjusted EPS in the range of $6.55-$6.80 and adjusted EBITDA to exceed $500 million at the midpoint.
- The company significantly strengthened its financial position by completing a $575 million equity offering and increasing its revolving credit facility by $500 million to $1.5 billion, resulting in an increase of over $1 billion in liquidity with no dilutive effect on 2025 EPS.
- SPX Technologies is progressing on organic growth initiatives, including expansion plans for engineered air movement businesses and the launch of the Olympus Max product, targeting $50 million in orders for 2025. The M&A pipeline remains robust, with several attractive opportunities identified in both HVAC and Detection & Measurement segments.
Oct 30, 2025, 8:45 PM
SPX Technologies Reports Strong Q3 2025 Results and Raises Full-Year Guidance
SPXC
Earnings
Guidance Update
New Projects/Investments
- SPX Technologies reported strong Q3 2025 performance, with adjusted EPS growing 32% to $1.84 and total company revenue increasing 23% year-over-year. Adjusted EBITDA rose approximately 31%, achieving 150 basis points of margin expansion.
- The company raised its full-year 2025 guidance, with adjusted EPS now projected between $6.65 and $6.80, representing approximately 21% growth at the midpoint, and adjusted EBITDA expected to exceed $500 million, implying about 20% growth year-over-year.
- SPX Technologies strengthened its balance sheet by completing a $575 million common stock offering and increasing its revolving credit facility by $500 million to $1.5 billion, boosting liquidity by over $1 billion without diluting 2025 EPS.
- Strategic initiatives include capacity expansion for engineered air movement businesses, such as a leased facility in Tennessee for TAMCO production, and the launch of the Olympus Max product, targeting $50 million in bookings for 2025 revenue in 2026.
Oct 30, 2025, 8:45 PM
SPX Technologies Reports Strong Q3 2025 Results and Raises Full-Year Guidance
SPXC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- SPX Technologies reported revenue of $592.8 million for Q3 2025, a 22.6% increase compared to Q3 2024. GAAP EPS was $1.29, up 19.4%, and Adjusted EPS reached $1.84, a 32.4% increase year-over-year.
- The company raised its full-year 2025 Adjusted EBITDA guidance to a range of $495 to $515 million (up from $485 to $510 million) and Adjusted EPS guidance to $6.65 to $6.80 (up from $6.35 to $6.65). Full-year revenue guidance was maintained at $2.225 to $2.275 billion.
- CEO Gene Lowe highlighted significant year-over-year profit and margin growth in both segments, momentum in key end markets, operational efficiencies, and strong contributions from recent acquisitions as drivers for the strong Q3 results and positive outlook.
Oct 30, 2025, 8:15 PM
SPX Technologies Reports Strong Q3 2025 Results and Raises Full-Year Guidance
SPXC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- SPX Technologies reported third quarter 2025 revenue of $592.8 million, an increase of 22.6% compared to the third quarter of 2024.
- GAAP EPS from continuing operations was $1.29, up 19.4%, and Adjusted EPS was $1.84, up 32.4% for the third quarter of 2025.
- The company raised its full-year 2025 guidance for Adjusted EBITDA to a range of $495 to $515 million (up from a prior range of $485 to $510 million) and Adjusted EPS to a range of $6.65 to $6.80 (up from a prior range of $6.35 to $6.65).
Oct 30, 2025, 8:05 PM
Copeland Acquires SPH Sustainable Process Heat
SPXC
M&A
New Projects/Investments
- Copeland, a global leader in sustainable climate solutions, has entered into an agreement to acquire SPH Sustainable Process Heat, a German technology company specializing in industrial heat pumps.
- This acquisition will expand Copeland's industrial heating portfolio, particularly its Vilter brand, allowing it to offer advanced heat pump solutions for industrial steam applications up to 180 degrees Celsius.
- The transaction is anticipated to be completed by the end of 2025, subject to customary closing conditions.
- Spirax Group will retain a minority stake in SPH under Copeland's ownership and intends to market SPH's heat pump solutions via its direct sales channels.
Oct 24, 2025, 7:33 AM
Copeland Agrees to Acquire SPH Sustainable Process Heat
SPXC
M&A
New Projects/Investments
Product Launch
- Copeland has entered into an agreement to acquire SPH Sustainable Process Heat (SPH), a German company specializing in industrial heat pump technologies.
- This acquisition is set to expand Copeland's industrial heating solutions portfolio, particularly for higher temperature steam process segments, and reinforces its commitment to the energy transition by enabling the replacement of fossil fuel systems.
- SPH's offerings include innovative ThermBooster™ technology and solutions for industrial steam generation heat pumps capable of reaching 180 °C, utilizing natural and low global warming potential refrigerants.
- The transaction is anticipated to close by the end of 2025, with Spirax Group (LON: SPX) maintaining a minority stake in SPH and intending to expand its sales channels.
Oct 24, 2025, 7:33 AM
Quarterly earnings call transcripts for SPX Technologies.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more