SPXC Q3 2023 Earnings — SPX Technologies, Inc. Revenue & Financial Results | Market Cap Arena

SPXCSPX Technologies, Inc.

$11B

Q3 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$449M+21.1% YoY

Gross Profit

$169M37.6% margin

Operating Income

$58M12.9% margin

Net Income

-$20M-4.5% margin

EPS (Diluted)

$-0.45

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$7M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.3B

Stockholders' Equity

$1.1B

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$449M	$371M	+21.1%
Gross Profit	$169M	$133M	+26.7%
Operating Income	$58M	$37M	+54.7%
Net Income	-$20M	$3M	-758.1%