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

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

AquaVenture Holdings Limited Announces First Quarter 2019 Earnings Results

May 8, 2019 6:00 AM EDT

TAMPA, Fla.--(BUSINESS WIRE)-- AquaVenture Holdings Limited (NYSE: WAAS) (AquaVenture or the Company), a leader in Water-as-a-Service® (WAAS®) solutions, today reported financial results for the quarter ended March 31, 2019.

Highlights

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 $6.3 million, or ($0.24) per share, in the prior year period.... More