Xylem Q1 revenue $1.4B (+14%), adj. EPS $0.72 (+53%); raises full-year guidance

Xylem Inc.

2023-Q1 EPS reported $0.54 revenue$1,448,000,000

Revenue $1.4B, up 14% reported and 17% organically; GAAP EPS $0.54, adjusted EPS $0.72.
Full-year organic revenue guidance raised to 8-9% (from 4-6%); adj. EPS raised to $3.15-$3.35.
Adjusted EBITDA margin 16.3%, up 210 bps; all segments had book-to-bill >1.
Measurement & Control Solutions revenue $406M (+29% reported); Water Infrastructure $589M (+11%).
Pending Evoqua acquisition on track to close by mid-year 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Xylem Inc. reported the quarter ended March 31, 2023 results: revenue $1.4 billion, net income $99 million, EPS $0.54 per share. Guidance raised.

Period: the quarter ended March 31, 2023
Revenue: $1.4 billion
Net income: $99 million
EPS: $0.54 per share
Guidance: raised
Result: reported results

Exact text from the filing

2023) – Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, today reported first-quarter revenue of $1.4 billion, surpassing prior guidance, with strong commercial and operational execution. While first-quarter orders were down 8 percent on a reported basis and down 5 percent organically,

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Source: SEC EDGAR

accession 0001524472-23-000016

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