SPX Technologies reports Q2 adjusted EPS $1.65, consensus $1.45

Reports Q2 revenue $552.4M, consensus $546.28M. Gene Lowe, CEO, remarked, “I’m very pleased with our second quarter results, which included significant year-over-year profit growth in both segments and strong margin performance-particularly in our HVAC segment. We continue to see solid demand in key end markets, execute well operationally across our businesses, and see strong contributions from our recent acquisitions. We are making meaningful progress on our growth initiatives and new product introduction efforts. Notably, we continue to advance our strategy to expand production capacity for our Engineered Air Movement businesses. We are also receiving very positive customer feedback on the introduction of our new OlympusV Max cooling solution, designed to meet the large-scale needs of data center customers seeking to optimize the balance between energy and water usage. We expect these initiatives to support our growth strategy in 2026 and beyond.”