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Xylem Reports Third Quarter 2022 Results

WD NEWS: Xylem Reports Third Quarter 2022 Results

Xylem Inc., a global water technology company, has reported third quarter revenue of USD 1.4 billion. The company’s net income was USD 12 million, or USD 0.07 per share. Adjusted net income was USD 144 million, or USD 0.79 per share, which excludes the impacts of restructuring, realignment and special charges.

“Demand remains resilient across our largest end-markets. We are further raising our full-year guidance for both revenue and earnings per share, with continued confidence in longer-term growth outlook,” said Patrick Decker, Xylem president and CEO.

Source: Xylem Inc.

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