SPX Technologies (NYSE: SPXC) reported strong Q1 2026 results, beating EPS expectations with $1.69 against an anticipated $1.55, driven by 17.4% revenue growth and 23% adjusted EBITDA growth. The company raised its full-year guidance, anticipating 21% adjusted EBITDA growth, primarily due to robust demand in its HVAC segment, particularly for data center solutions, and strong performance in Detection & Measurement. SPX Technologies is actively expanding its capacity and integrating recent acquisitions to meet accelerating demand and capitalize on an active M&A pipeline, though it maintains discipline regarding valuation.
SPX Technologies (NYSE: SPXC) reported strong first-quarter 2026 results, with revenue from continuing operations up 17.4% to $566.8 million and adjusted EPS rising 22.5% to $1.69. The company also increased its full-year 2026 guidance for revenue, adjusted EBITDA, and adjusted EPS, citing healthy demand across its key end markets and contributions from recent acquisitions. The HVAC segment saw a 22.0% revenue increase and the Detection & Measurement segment grew 8.3%, with improved margins.
SPX Cooling Technologies has launched the Marley® OlympusMAX™ Fluid Cooler, designed for mission-critical facilities such as data centers and industrial plants. This new fluid cooler offers enhanced performance and efficiency in dry and adiabatic cooling, with a flexible design allowing for field or factory installation of its adiabatic module. A patent-pending recirculating adiabatic design aims to reduce water discharge and improve system efficiency, addressing the growing demand for sustainable cooling solutions.
