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SPX Flow: Q1 Earnings Snapshot

SPX Flow: Q1 Earnings Snapshot May 5, 2021 FacebookTwitterEmail CHARLOTTE, N.C. (AP) _ SPX Flow Inc. (FLOW) on Wednesday reported first-quarter net income of $18.6 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Charlotte, North Carolina-based company said it had profit of 44 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 61 cents per share. The results topped Wall Street expectations. The averag...
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SPX FLOW Reports First Quarter 2021 Financial Results

SPX FLOW Reports First Quarter 2021 Financial Results Strong Results Demonstrate the Benefits of Higher Quality Revenue and Balanced Capital Allocation First Quarter 2021 Highlights: - Significant year-over-year organic growth in revenue and orders driven by short-cycle momentum - Reported operating margin of 7.1%; Adjusted operating margin of 11.3% up 550 points year-over-year leveraging volume recovery and mix benefits of 80/20 implementation - Balanced capital allocation framework progressin...
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SPX FLOW to Report First Quarter 2021 Results on May 5, 2021

SPX FLOW to Report First Quarter 2021 Results on May 5, 2021 News provided by Share this article Share this article CHARLOTTE, N.C., April 15, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions, announced today its plan to report first quarter 2021 financial results on May 5, 2021. During a conference call at 9:00 a.m. Eastern time, SPX FLOW President and Chief Executive Officer Marc Michael and Vice President and Chief Financial Officer Jaime Easley will...
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SPX FLOW, Inc. Announces Initiation of Quarterly Dividend

Share this article Share this article CHARLOTTE, N.C., March 10, 2021 /PRNewswire/ -- SPX FLOW, Inc. (the "Company"), a leading provider in process solutions, announced today that its Board of Directors has declared a quarterly dividend on the Companys common stock of $0.09 per share, payable on April 14, 2021 to stockholders of record as of the close of business on March 24, 2021. About SPX FLOW, Inc.: Based in Charlotte, N.C., SPX FLOW, Inc. (NYSE: FLOW) improves the world through innovati...
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SPX FLOW Reports Fourth Quarter And Full Year 2020 Financial Results

SPX FLOW Reports Fourth Quarter And Full Year 2020 Financial Results Results Demonstrate the Benefits of Portfolio Realignment; Focus on People, Customers, Improving Profitability and High Return Investments Full Year 2020 Highlights: - Gross margins of 34.7%, up 20 points year-over-year despite COVID-19 impact and revenue decline of (10.4%) year-over-year to ~$1.35 billion - Strong balance sheet and free cash flow generation support long-term capital allocation objectives - Enhancing our focus...
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SPX FLOW Appoints Sonya Roberts to Board of Directors

SPX FLOW Appoints Sonya Roberts to Board of Directors News provided by Share this article Share this article CHARLOTTE, N.C., Jan. 21, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE:FLOW), a leading provider of process solutions, has appointed Sonya McCullum Roberts as an additional independent director effective January 19, 2021. Sonya Roberts Appointed to SPX FLOW Board of Directors. Ms. Roberts is the President and Group Leader for the Salt business at Cargill Incorporated, where she has held sev...
North Carolina United States Anne Altman Sonya Mccullum Roberts Melissa Buscher Governance Committee

SPX FLOW Completes Purchase of UTG Mixing Group

SPX FLOW Completes Purchase of UTG Mixing Group Acquisition enhances mixing technology portfolio for SPX FLOW and UTG customers and expands European operations and sales channels News provided by Share this article Share this article CHARLOTTE, N.C., Jan. 18, 2021 /PRNewswire/ -- SPX FLOW, Inc. (NYSE: FLOW), a leading provider of process solutions for the food, beverage and industrial markets, announced today that it has completed the acquisition of UTG Mixing Group, the maker of Stelzer, Uute...
North Carolina United States Marc Michael Scott Gaffner Dittmar Andrenius Melissa Buscher

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