04:55 AM EDT, 05/03/2024 (MT Newswires) -- SPX Technologies ( SPXC ) reported fiscal Q1 adjusted earnings late Thursday of $1.25 per share, up from $0.93 a year earlier.

Four analysts polled by Capital IQ expected $1.03.

Revenue for the quarter ended March 30 was $465.2 million, compared with $399.8 million a year earlier.

Three analysts surveyed by Capital IQ expected $444.5 million.

The company increased its full-year 2024 adjusted earnings guidance to $5.15 to $5.40 per share from $4.85 to $5.15 previously. Four analysts polled by Capital IQ expect $4.97.

The company raised its revenue outlook for the year to $1.97 billion to $2.03 billion from $1.93 billion to $2 billion previously. Three analysts surveyed by Capital IQ expect $1.97 billion.

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