SPX Technologies, Inc. (NYSE:SPXC) Q3 2022 Results Conference Call November 3, 2022 4:45 PM ET

Company Participants

Paul Clegg - VP, IR and Communications

Gene Lowe - President and CEO

Mike Reilly - Chief Accounting Officer and Interim CFO

Conference Call Participants

Damian Karas - UBS

Bryan Blair - Oppenheimer

Steve Ferazani - Sidoti

Walter Liptak - Seaport Research

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Q3 2022 SPX Corporation Earnings Call. [Operator Instructions]

I would now like to turn the call over to your host, Paul Clegg, VP, Investor Relations and Communications. You may begin.

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 Mike Reilly, our Chief Accounting Officer and Interim Chief Financial Officer.

The 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 until November 10.

As a reminder, portions of our presentation and comments are forward-looking and subject to cater 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 for the results of continued operations only. You can find detailed reconciliations of historical adjusted figures to their respective GAAP measures in the appendix of today's presentation.

Our adjusted earnings per share excludes nonservice pension items, changes in the fair value of certain equity investments and amortization expense, certain discrete tax items and asbestos-related charges. In today's presentation, we have again included a slide in the appendix breaking down our revenue by end market. Finally, we will be conducting meetings with investors over the coming months, including at the Baird Industrials Conference on November 9.

And with that, I'll turn the call over to Gene.

Gene Lowe

Thanks, Paul. Good afternoon, everyone, and thank you for joining us. On the call today, we'll provide you with an update on our consolidated and segment results for the third quarter. We'll also provide an update to our full year guidance. Now I'll touch on some of the highlights from the quarter.