SPXC Q2 2024 Earnings — SPX Technologies, Inc. Revenue & Financial Results | Market Cap Arena

SPXCSPX Technologies, Inc.

$11B

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$501M+18.4% YoY

Gross Profit

$201M40.1% margin

Operating Income

$75M14.9% margin

Net Income

$44M8.8% margin

EPS (Diluted)

$0.94

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$47M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$1.5B

Stockholders' Equity

$1.3B

Cash & Equivalents

$128M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$501M	$423M	+18.4%
Gross Profit	$201M	$164M	+22.7%
Operating Income	$75M	$51M	+45.4%
Net Income	$44M	$36M	+22.8%