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.

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.

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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