Evoqua Water Technologies Reports Second Quarter 2019 Results
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Evoqua Water (AQUA) Misses Q2 EPS by 12c, Revenues Miss; Offers FY19 Revenue Mid-Point Guidance Below Consensus
May 10, 2019 7:02 AM EDTEvoqua Water (NYSE: AQUA) reported Q2 EPS of $0.01, $0.12 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $348.6 million versus the consensus estimate of $352.15 million.
Consolidated revenues of $348.6 million, an increase of 4.5% over the prior year period, including 2.3% organic growthNet income of $1.6 million compared to net income of $13.0 million in the prior year periodAdjusted EBITDA of $56.7 million, down 1.7% from the prior year periodStrong sales growth from Integrated Solutions and Services and double-digit overall year-to-date order growth highlighted the quarters results, which were in-line with... More
