Xylem (XYL) Misses Q1 EPS by 14c, Revenues Miss

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Xylem Reports First Quarter 2020 Results

May 5, 2020 6:55 AM EDT

Reported net income of $38 million or $0.21 per share; adjusted net income of $42 million or $0.23 per share Organic revenue declined 8% in the first quarter, impacted by COVID-19; declined 9% on a reported basis Maintaining strong balance sheet, ~$1.7 billion of available liquidity

RYE BROOK, N.Y.--(BUSINESS WIRE)-- Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the worlds most challenging water issues, today reported first quarter 2020 net income of $38 million, or $0.21 per share. Excluding the impact of restructuring,... More