2023-05-04 17:07:46 ET
- SPX Technologies press release ( NYSE: SPXC ): Q1 Non-GAAP EPS of $0.93 beats by $0.33 .
- Revenue of $399.8M (+30.2% Y/Y) beats by $70.03M .
- Following a strong first quarter performance and the acquisition of TAMCO, SPX Technologies is updating full-year 2023 guidance. The company is now targeting consolidated revenue of approximately $1.61-$1.65 billion ($1.50-$1.54 billion prior), an adjusted operating income margin* of approximately 14.50%-15.25% (13%-14% prior), and adjusted earnings per share* in a range of $3.80-$3.95 ($3.30-$3.55 prior).
For further details see:
SPX Technologies Non-GAAP EPS of $0.93 beats by $0.33, revenue of $399.8M beats by $70.03M