AquaVenture Holdings Limited (WAAS) Tops Q4 EPS by 2c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus

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AquaVenture Holdings Limited Announces Fourth Quarter and Full Year 2018 Earnings Results

February 27, 2019 6:00 AM EST

TAMPA, Fla.--(BUSINESS WIRE)-- AquaVenture Holdings Limited (NYSE: WAAS) (AquaVenture or the Company), a leader in Water-as-a-ServiceTM (WAASTM) solutions, today reported financial results for the quarter and full year ended December 31, 2018.

2018 Highlights

For the three months ended December 31, 2018:

Total revenues of $41.8 million reflected a 29.9% increase over the prior year period, comprised of 38.2% and 22.6% increases in the Seven Seas Water and Quench segments, respectively. Net loss of $6.7 million, or ($0.25) per share, compared to net loss of $6.3 million, or ($0.24) per share, in the prior year period.... More