SPX Techs: Q1 Earnings Insights

SPX Techs SPXC reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

SPX Techs beat estimated earnings by 55.0%, reporting an EPS of $0.93 versus an estimate of $0.6.

Revenue was up $92.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 2.03% drop in the share price the next day.

Here's a look at SPX Techs's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.01 0.66 0.61 0.34
EPS Actual 1.17 0.81 0.71 0.40
Revenue Estimate 415.87M 350.48M 337.81M 302.97M
Revenue Actual 429.30M 370.50M 354.00M 307.10M

To track all earnings releases for SPX Techs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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