SPX Technologies Inc
NYSE:SPXC

  • LAST PRICE
    174.6500
  • TODAY'S CHANGE (%)
    2.1000 (1.2170%)
  • Bid / Lots
    174.5900/ 8
  • Ask / Lots
    175.3100/ 8
  • Open / Previous Close
    174.2800 / 172.5500
  • Day Range
    173.2200
    175.8600
  • 52 Week Range
    83.9800
    175.8600
  • Volume
    54,797

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  • Oct 31, 2024

  • Oct 30, 2024

      Show headlines and story abstract

    • 4:07PM ET on Wednesday Oct 30, 2024 by MT Newswires
      Companies Mentioned: SPXC
      04:07 PM EDT, 10/30/2024 (MT Newswires) -- ...

    • 4:07PM ET on Wednesday Oct 30, 2024 by MT Newswires
      Companies Mentioned: SPXC
      04:07 PM EDT, 10/30/2024 (MT Newswires) -- ...

    • 4:05PM ET on Wednesday Oct 30, 2024 by Dow Jones
      Companies Mentioned: SPXC
      EBITDA 278.9 207.5 Exclude: Acquisition-related and other costs (2) (10.0) (12.0) Other operating expense, net (3) (8.4) -- Non-service pension and postretirement charges (3.4) (3.6) Fair value adjustments on an equity security (4.2) 3.6 Asbestos-related charges (4) -- (0.2) --- ----------- ---- --- ----------- --- Adjusted EBITDA $ 304.9 $ 219.7 === =========== ==== === =========== ==== as a percent of revenues 21.0% 17.3% (1) Represents amortization expense associated with acquired intangible assets recorded within "Intangible amortization" and amortization of capitalized software costs recorded within "Cost of products sold." (2) For the nine months ended September 28, 2024 and September 30, 2023, represents (i) certain acquisition and strategic/transformation related costs of $3.7 and $7.0, respectively, (ii) integration costs of $4.5 and $1.4, respectively, and (iii) inventory step-up charges of $1.8 and $3.6, respectively, related to the Ingénia and ASPEQ acquisitions within the HVAC reportable segment. (3) Represents a charge of $8.4 associated with a settlement with the seller of ULC regarding additional contingent consideration. (4) Adjustment represents the removal of charges related to the Asbestos Portfolio Sale.

    • 4:05PM ET on Wednesday Oct 30, 2024 by Dow Jones
      Companies Mentioned: SPXC
      EBITDA 278.9 207.5 Exclude: Acquisition-related and other costs (2) (10.0) (12.0) Other operating expense, net (3) (8.4) -- Non-service pension and postretirement charges (3.4) (3.6) Fair value adjustments on an equity security (4.2) 3.6 Asbestos-related charges (4) -- (0.2) --- ----------- ---- --- ----------- --- Adjusted EBITDA $ 304.9 $ 219.7 === =========== ==== === =========== ==== as a percent of revenues 21.0% 17.3% (1) Represents amortization expense associated with acquired intangible assets recorded within "Intangible amortization" and amortization of capitalized software costs recorded within "Cost of products sold." (2) For the nine months ended September 28, 2024 and September 30, 2023, represents (i) certain acquisition and strategic/transformation related costs of $3.7 and $7.0, respectively, (ii) integration costs of $4.5 and $1.4, respectively, and (iii) inventory step-up charges of $1.8 and $3.6, respectively, related to the Ingénia and ASPEQ acquisitions within the HVAC reportable segment. (3) Represents a charge of $8.4 associated with a settlement with the seller of ULC regarding additional contingent consideration. (4) Adjustment represents the removal of charges related to the Asbestos Portfolio Sale.

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