AquaVenture Holdings Limited (WAAS) Reports In-Line Q4 EPS, Beats on Revenues

Note: EPS may not be comparable

AquaVenture Holdings Limited (NYSE: WAAS) reported Q4 EPS of ($0.25), in-line with the analyst estimate of ($0.25). Revenue for the quarter came in at $32.4 million versus the consensus estimate of $31.58 million.

For the three months ended December 31, 2017:

• Total revenues of $32.4 million reflected an 8.4% increase over the prior year period, comprised of 15.4% and 1.4% increases in the Quench and Seven Seas Water segments, respectively.
• Net loss of $6.6 million, compared to a net loss of $7.5 million in the prior year period. Net loss per share was ($0.25) in the 2017 period. Net loss per share was ($0.28) for the period from October 6, 2016 through December 31, 2016, the period following our corporate reorganization and initial public offering.
• Adjusted EBITDA was $10.5 million, an 18.0% increase over the prior year period. Adjusted EBITDA Margin was 32.5%, an improvement of 270 basis points over 29.8% in the prior year period.
• Adjusted EBITDA plus cash collected on the Peru construction contract increased 22.2% to $12.5 million from $10.3 million in the prior year period.

For earnings history and earnings-related data on AquaVenture Holdings Limited (WAAS) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Zeo Energy Corp (ZEO) Misses Q2 EPS by 7c
• Boost Run, Inc. (BRUN) Reports Q2 Revenue of $31.1M