SPXC Q2 2022 Earnings — SPX Technologies, Inc. Revenue & Financial Results | Market Cap Arena

SPXCSPX Technologies, Inc.

$11B

Q2 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$354M+19.4% YoY

Gross Profit

$125M35.2% margin

Operating Income

$27M7.7% margin

Net Income

$13M3.7% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

+15.3%

Cash Flow

Operating Cash Flow

-$39M

Free Cash Flow

-$43M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.4B

Stockholders' Equity

$1.1B

Cash & Equivalents

$190M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$354M	$297M	+19.4%
Gross Profit	$125M	$102M	+21.8%
Operating Income	$27M	$17M	+59.1%
Net Income	$13M	$62M	-79.0%

Revenue Segments

Detection and Measurement Reportable Segment

$65M100%