SPXC Q1 2024 Earnings — SPX Technologies, Inc. Revenue & Financial Results | Market Cap Arena

SPXCSPX Technologies, Inc.

$11B

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$465M+16.4% YoY

Gross Profit

$183M39.3% margin

Operating Income

$65M13.9% margin

Net Income

$49M10.5% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$600,000

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.6B

Stockholders' Equity

$1.2B

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$465M	$400M	+16.4%
Gross Profit	$183M	$150M	+22.0%
Operating Income	$65M	$50M	+29.7%
Net Income	$49M	$43M	+14.5%