CHARLOTTE, N.C. (AP) — CHARLOTTE, N.C. (AP) — SPX Technologies, Inc. (SPXC) on Thursday reported earnings of $49 million in its first quarter.
On a per-share basis, the Charlotte, North Carolina-based company said it had profit of $1.05. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $1.25 per share.
The infrastructure equipment supplier posted revenue of $465.2 million in the period.
SPX Technologies expects full-year earnings in the range of $5.15 to $5.40 per share, with revenue in the range of $1.97 billion to $2.03 billion.
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