SPX Technologies Reports First Quarter 2024 Results [Yahoo! Finance]
SPX Technologies, Inc. (SPXC)
Last spx technologies, inc. earnings: 4/30 04:15 pm
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US:NYSE Investor Relations:
spx.com/en/investor-relations/our-company
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Source: Yahoo! Finance
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 in both segments. During the quarter we continued to see solid demand across several key markets and our businesses executed well operationally.” Mr. Lowe continued, “During Q1, we made significant progress on several key value creation initiatives, including driving greater efficiencies in our production facilities and effectively integrating our recent acquisitions. These enhancements are strengthening our company and positioning us for further growth.” Mr. Lowe commented further, “Looking ahead, we continue to see overall favorable demand trends and positive operational momentum. Following the strong
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SPXC
News
- SPX Technologies, Inc. (NYSE: SPXC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- SPX Technologies, Inc. (NYSE: SPXC) had its price target raised by analysts at UBS Group AG from $126.00 to $142.00. They now have a "neutral" rating on the stock.MarketBeat
- SPX Technologies, Inc. (NYSE: SPXC) had its "outperform" rating re-affirmed by analysts at William Blair.MarketBeat
- Solid State Transformer Market To Reach USD 235.6 Billion By 2032 | DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- SPX Technologies First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
SPXC
Earnings
- 5/2/24 - Beat
SPXC
Sec Filings
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- SPXC's page on the SEC website