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SPX Technologies, Inc (SPXC) Q3 2024 Earnings Call Transcript

October 31, 2024
in Market & News
Reading Time: 2 mins read
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SPX Technologies, Inc (SPXC) Q3 2024 Earnings Call Transcript
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SPX Technologies, Inc (NYSE:SPXC) Q3 2024 Results Conference Call October 30, 2024 4:45 PM ET

Company Participants

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Paul Clegg – Vice President-Investor Relations
Gene Lowe – President and Chief Executive Officer
Mark Carano – Chief Financial Officer

Conference Call Participants

Ross Sparenblek – William Blair
Bryan Blair – Oppenheimer
Damian Karas – UBS
Walter Liptak – Seaport Research
Steve Ferazani – Sidoti

Operator

Good afternoon, and welcome to the SPX Technologies Q3 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Paul Clegg, Vice President, Investor Relations and Communications. Please go ahead.

Paul Clegg

Thank you, operator, and good afternoon, everyone. Thanks for joining us. With me on the call today are Gene Lowe, our President and Chief Executive Officer; and Mark Carano, our Chief Financial Officer.

A press release containing our third quarter results was issued today after market close. You can find the release and our earnings slide presentation as well as a link to a live webcast of this call in the Investor Relations section of our website at spx.com. I encourage you to review our disclosure and discussion of GAAP results in the press release and to follow along with the slide presentation during our prepared remarks. A replay of the webcast will be available on our website.

As a reminder, portions of our presentation and comments are forward-looking and subject to safe harbor provisions. Please also note the risk factors in our most recent SEC filings. Our comments today will largely focus on adjusted financial results and comparisons will be to the results of continuing operations only. You can find detailed reconciliations of historical adjusted figures from the respective GAAP measures in the appendix to today’s presentation. Our adjusted earnings per share exclude acquisition-related costs, nonservice pension

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