2023-08-02 06:58:44 ET
- Xylem press release ( NYSE: XYL ): Q2 Non-GAAP EPS of $0.98 beats by $0.17 .
- Revenue of $1.72B (+26.5% Y/Y) beats by $60M .
- Raising full-year revenue guidance to approximately $7.2B vs, consensus of $7.14B, up 30%, with organic revenue growth of 9% to 10%, up from 8% to 9%
- Lifting full-year adjusted EPS guidance to $3.50 to $3.70 vs. consensus of $3.33, from $3.15 to $3.35 on strong momentum from both companies.
- Full-year 2023 adjusted EBITDA margin is expected to be approximately 18 percent, lifted from the previous range of 17.5 to 18.0 percent.
For further details see:
Xylem beats Q2 top and bottom line estimates; raises FY23 outlook