SPX Technologies reports Q4 adjusted EPS $1.25, consensus $1.26

Reports Q4 revenue $469.4M, consensus $481.94M. Gene Lowe, President and CEO, remarked, “I am very pleased with our full-year 2023 results, including Adjusted EBITDA growth of 50% and Adjusted EPS* growth of 39%, which is near the top end of our guidance range. Our strong Q4 performance included record margin and profitability in our HVAC segment, supported by robust customer demand and solid operational execution.”