- SPX (SPW -4.4%) reports diluted net loss per share from continuing operations of -$0.17 vs. $6.59 per share in Q1 of 2014.
- Free cash flow from continuing operations of $122.7M vs. $69.9M in the year-ago quarter.
- Revenue by segment: Flow Technology -13.9%; Thermal Equipment and Services +11.6%; Industrial Products and Services and Other -6.6%.
- The company now expects organic revenue for 2015 to be flat to down 4% (from 0%-4% previously) with total revenue down 6%-10%, including a 6% currency headwind.
- Q1 results