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The Charlotte, North Carolina-based company said it had profit of 40 cents per share. Earnings, adjusted to account for discontinued operations, came to 38 cents per share. The infrastructure equipment ...
SPX Corp. may be done with divestitures for now. “We feel confident in our capacity and ability to deploy capital for actions to drive incremental shareholder value, including acquisitions in the growth-focused areas of our company,” Chief Financial Officer Scott Sproule told analysts Thursday during a conference call on the company’s 2016 earnings. SPX reported a loss for the fourth quarter and the full year.
On a per-share basis, the Charlotte, North Carolina-based company said it had a loss of $2.06. Earnings, adjusted to account for discontinued operations and asset impairment costs, came to 69 cents per ...