Evoqua Water Technologies climbs on upbeat Q4 revenue

Evoqua Water Technologies

15/11/2022 16:10

** Shares of water treatment solution provider Evoqua Water
Technologies Corp  AQUA.N  rise 9.9% to $42.85 - their highest
in over six months
    ** Co reports fiscal 2022 Q4 revenue of $504.8 mln, beating
average analyst estimate of $465.8 mln - Refinitiv  urn:newsml:reuters.com:*:nTUAPZGK9
    ** For fiscal 2023, company expects revenue to be $1.81 to
$1.89 bln and adjusted EBITDA to be $310 mln to $330
mln urn:newsml:reuters.com:*:nBw45N6PJa
    ** Co's FY 2022 revenue jumps by 18.6% to $1.74 bln; net
income also rises 39.8% to $72.3 mln
    ** Stock is down 8.8% this year, including the session's
gains
 (Reporting by Sourasis Bose in Bengaluru)
 ((Sourasis.bose@thomsonreuters.com))