Xylem (XYL) Tops Q3 EPS by 11c, Revenues Beat

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Xylem Reports Third Quarter 2020 Results

October 29, 2020 6:55 AM EDT

Reported net income of $37 million or $0.20 per share; adjusted net income of $114 million or $0.62 per share Revenue declined 6% on a reported basis, and 7% organically, impacted by COVID-19 Strong operating margin performance of 6% and 13% on a reported and adjusted basis, respectively, from disciplined execution on productivity and cost actions Free cash flow of $234 million, up 18%, and operating cash flow of $275 million, up 12%

RYE BROOK, N.Y.--(BUSINESS WIRE)-- Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to... More