SPXC
SPX Technologies, Inc.216.89
-1.24-0.57%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
10.81BP/E (TTM)
46.05Basic EPS (TTM)
4.71Dividend Yield
0%Recent Filings
10-Q
8-K
SPX crushes Q3, raises guidance
SPX Technologies crushed Q3 with $592.8M revenue, up 22.6% YoY, and Adjusted EBITDA of $136.1M, up 30.9%, fueled by organic growth and acquisitions like Sigma & Omega and KTS. Both HVAC and Detection & Measurement segments expanded margins through leverage. Raised full-year Adjusted EBITDA guidance to $495-515M. Momentum builds.
8-K
SPX Technologies, Inc. announces the closing of a $2.025 billion senior secured credit facility, comprising a $500 million term loan and $1.5 billion revolving credit facility, both maturing September 9, 2030. This refinancing enhances the company's financial flexibility for ongoing operations and future growth initiatives.
SPX Technologies, Inc. has amended its credit agreement to establish a $2.025 billion senior secured credit facility, including a $500 million term loan and $1.5 billion revolving facility, maturing in 2030. The amendment refinances existing debt and supports general corporate purposes, with covenants maintaining financial ratios and collateral requirements.
8-K
SPX completes $500M stock offering
SPX Technologies raised $500 million by issuing 2.66 million shares at $188 each, closing the offering on August 14, 2025, with underwriters led by BofA, JPMorgan, and Wells Fargo. The deal bolsters the balance sheet amid strong market demand. Underwriters hold a 30-day option for 399,000 more shares. No use of proceeds disclosed.
10-Q
Q2 FY2025 results
SPX Technologies posted solid Q2 results, with revenues climbing 10.2% year-over-year to $552.4M, fueled by acquisitions like KTS in Detection and Measurement and Sigma & Omega in HVAC, plus organic gains in both segments. Operating income rose 16.1% to $86.6M, lifting margins to 15.7% amid better project execution and mix, while diluted EPS from continuing operations hit $1.10, up from $0.96. Acquisitions drove goodwill up to $1,040.9M and intangibles to $914.7M, with cash at $132.8M but total debt swelling to $1,019.3M after funding deals closed in January and April 2025 for $342.4M and $143.6M cash, respectively. Free cash flow stood at $18.4M (derived). Yet tariffs threaten supply costs.
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