SPXC Q3 2022 Earnings — SPX Technologies, Inc. Revenue & Financial Results | Market Cap Arena

SPXCSPX Technologies, Inc.

$11B

Q3 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$371M+29.7% YoY

Gross Profit

$133M35.9% margin

Operating Income

$37M10.1% margin

Net Income

$3M0.8% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$18M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.4B

Stockholders' Equity

$1.1B

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$371M	$286M	+29.7%
Gross Profit	$133M	$96M	+38.9%
Operating Income	$37M	$18M	+110.7%
Net Income	$3M	$330M	-99.1%

Revenue Segments

Detection and Measurement Reportable Segment

$62M100%