AquaVenture Holdings Limited Announces First Quarter 2019 Earnings Results

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AquaVenture Holdings Limited (WAAS) Misses Q1 EPS by 1c, Revenues Beat; Offers FY19 Revenue Outlook

May 8, 2019 6:15 AM EDT

AquaVenture Holdings Limited (NYSE: WAAS) reported Q1 EPS of ($0.21), $0.01 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $46.6 million versus the consensus estimate of $45.63 million.

For the three months ended March 31, 2019:

Total revenues of $46.6 million reflected a 43.2% increase over the prior year period, comprised of an increase of 48.8% and 36.4% in the Quench and Seven Seas Water segments, respectively.Net loss of $5.7 million, or ($0.21) per share, compared to net loss of... More