aqua earnings

aqua earnings

View our full suite of financial calendars and market data tables, all for free. Operating profit decreased by $4.8 million, or 12.8%, to $32.6 million in the third quarter of fiscal 2020 as compared to the prior year period. Adjusted EBITDA is defined as net income (loss) before interest expense, income tax benefit (expense) and depreciation and amortization, adjusted for the impact of certain other items, including restructuring and related business transformation costs, purchase accounting adjustment costs, non-cash share-based compensation, transaction costs and other gains, losses and expenses. We present Adjusted EBITDA, which is a non-GAAP financial measure, because we believe it is frequently used by analysts, investors and other interested parties to evaluate companies in our industry. Products Segment sells differentiated technologies to a diverse set of water treatment system specifiers, integrators and end users globally. Download the investor presentation - earnings call slides. America’s #1 Stock Picker Reveals Next 1,000% Winner (free), And deliver a death blow to some of the world’s BIGGEST companies. We undertake no obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise. This compares to earnings of $0.31 per share a year ago. During the quarter, all of our facilities remained operational, and we effectively responded to our customers’ needs. The consensus earnings estimate was $0.07 per share on revenue of $289.1 million. The business services provider reported ($0.07) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.01. Additionally, any forward-looking statements made in this press release speak only as of the date of this release. Evoqua Water Technologies has generated $0.16 earnings per share over the last year and currently has a price-to-earnings ratio of 28.4. legal settlement costs and intellectual property related fees associated with legacy matters prior to the AEA Acquisition, including fees and settlement costs related to product warranty litigation on Memcor products and certain discontinued products. Learn more. amounts related to the Company’s restructuring initiatives to reduce the cost structure and rationalize location footprint following the sale of the Memcor product line; amounts related to the Company’s transition from a three-segment structure to a two-segment operating model designed to better serve the needs of customers worldwide; and. Reconciliation of net income (loss) to cash flows provided by operating activities: Amortization of debt related costs (includes $1,795 and $0 write off of deferred financing fees), Loss (gain) on sale of property, plant and equipment, Foreign currency exchange losses on intercompany loans and other non-cash items, Net cash provided by operating activities, Purchase of property, plant and equipment, Proceeds from sale of property, plant and equipment, Proceeds from sale of business, net of cash of $12,117, Acquisitions, net of cash received of $0 and $2,073, Net cash provided by (used in) investing activities, Issuance of debt, net of deferred issuance costs, Payment of earn-out related to previous acquisitions, Taxes paid related to net share settlements of share-based compensation awards. Adjusted EPS was $0.20 for the quarter as compared to $0.09 in the prior year period. The chart below shows up to four years of a company's earnings history. 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While not all-inclusive, examples of items that could be included as other (gains), losses and expenses would be amounts related to non-cash foreign currency exchange gains and losses on intercompany loans, significant warranty events, and certain disposals of businesses, products or facilities that do not qualify as discontinued operations under GAAP. Other losses, (gains) and expenses distinct to our Integrated Solutions and Services and Applied Product Technologies segments include the following: Net pre-tax benefit on sale of the Memcor product line, Product rationalization in electro-chlorination business, Expenses related to maintaining non-operational business locations, Foreign exchange impact related to headquarter allocations. © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond our control. Evoqua Water Technologies last posted its earnings data on August 4th, 2020. The results of our segments for the third quarter are as follows: Segment revenues increased $3.3 million, or 1.5%, to $228.7 million in the third quarter of fiscal 2020 as compared to the prior year period. Evoqua Water Technologies Corp. is a provider of mission critical water treatment solutions. The following is a reconciliation of our Net income (loss) to Adjusted EBITDA (unaudited): Restructuring and related business transformation costs (a), Restructuring and related business transformation costs. Fundamental company data provided by Morningstar and Zacks Investment Research. 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