04:26 AM EDT, 08/02/2024 (MT Newswires) -- SPX Technologies ( SPXC ) reported Q2 adjusted earnings Thursday of $1.42 per diluted share, up from $1.06 a year earlier.

Analysts polled by Capital IQ expected $1.25.

Revenue for the quarter ended June 29 was $501.3 million, compared with $423.3 million a year earlier.

Analysts surveyed by Capital IQ expected $490.7 million.

The company raised full-year 2024 adjusted earnings guidance to $5.45 to $5.60 per diluted share, from $5.15 to $5.40. Analysts polled by Capital IQ expect $5.35.

The company also narrowed its revenue outlook for the year to $1.97 billion to $2.02 billion, from $1.97 to $2.03 billion. Analysts surveyed by Capital IQ expect $1.99 billion.

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