SPXC Q1 2022 Earnings — SPX Technologies, Inc. Revenue & Financial Results | Market Cap Arena

SPXCSPX Technologies, Inc.

$11B

Q1 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$307M+6.9% YoY

Gross Profit

$104M33.9% margin

Operating Income

$11M3.7% margin

Net Income

$11M3.7% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

-12.0%

Cash Flow

Operating Cash Flow

-$57M

Free Cash Flow

-$59M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$263M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$307M	$287M	+6.9%
Gross Profit	$104M	$104M	-0.4%
Operating Income	$11M	$25M	-54.4%
Net Income	$11M	$27M	-57.5%

Revenue Segments

Detection and Measurement Reportable Segment

$67M100%