SPX Technologies reports Q1 adjusted EPS $1.25, consensus $1.04

Reports Q1 revenue $465.2M, consensus $454.09M. Gene Lowe, President and CEO, remarked, “I’m very pleased with our strong Q1 performance, which included substantial growth in all of our key profit measures and significant margin expansion in both segments. During the quarter we continued to see solid demand across several key markets and our businesses executed well operationally.”