SPX Techs (NYSE: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.
