SPX Technologies Publishes Q3 2026 Earnings Transcript
Bitget2026/10/29 21:03- SPX Technologies’ Oct. 29, 2026, third-quarter earnings presentation featured CEO Gene Lowe and CFO Mark A. Carano.
- Full-year 2026 adjusted EBITDA guidance narrowed to $625 million-$645 million; adjusted EPS guidance narrowed to $8.20-$8.50.
- Quarterly revenue reached $714.5 million, with adjusted EBITDA of $165.7 million.
- HVAC organic revenue rose 22.3%; segment margin fell 140 basis points amid growth-related inefficiencies and elevated input costs.
- Management confirmed the FIS Water acquisition closed, extending its HVAC strategy, with the acquisition pipeline remaining active.
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