Welcome to our dedicated page for Xylem news (Ticker: XYL), a resource for investors and traders seeking the latest updates and insights on Xylem stock.
Xylem Inc (XYL) delivers innovative water technology solutions across 150+ countries, addressing critical challenges in transport, treatment, and sustainable management. This dedicated news hub provides investors and industry professionals with direct access to official announcements and strategic developments.
Track earnings reports, product innovations, and partnership announcements alongside operational updates from this global leader in water infrastructure. Our curated collection ensures timely access to filings, executive commentary, and project milestones that shape the water technology sector.
Discover updates on Xylem's smart water solutions, environmental initiatives, and technology integrations while monitoring regulatory developments affecting municipal and industrial markets. All content is sourced directly from company communications to ensure accuracy and compliance.
Bookmark this page for streamlined access to XYL's evolving market position, with updates spanning water testing advancements, infrastructure projects, and sustainability benchmarks. Regular visits provide essential insights for informed analysis of this engineering-focused water technology provider.
Xylem Inc (NYSE: XYL) has partnered with FortisBC Energy Inc to implement a Sensus advanced gas meter network in British Columbia. This initiative aims to modernize FortisBC's metering infrastructure, benefiting over one million natural gas customers. With a planned deployment of approximately one million Sonix IQ gas meters, the project will enhance safety features and operational resilience. The 20-year agreement includes Managed Services and Software as a Service solutions, aiming to begin deployment in 2023, pending regulatory approval.
Xylem Inc. (NYSE: XYL) reported first quarter 2021 revenue of $1.26 billion, reflecting a 12% growth on a reported basis and 8% growth organically. The adjusted EBITDA margin increased by 480 basis points to 17.1%, driven by strong demand and cost discipline. Net income stood at $87 million or $0.48 per share. Xylem raised its full-year guidance, now expecting organic revenue growth between 5% and 7% and adjusted EPS of $2.50 to $2.70. All segments showed strong performance, especially in Water Infrastructure and Applied Water.
Xylem (NYSE:XYL) has partnered with Esri to enhance water management solutions through joint technical development and marketing efforts. This collaboration aims to digitalize water infrastructure, enabling utilities to optimize network operations significantly. A notable outcome from their partnership includes an AI-driven pipeline analysis that cut costs by $70 million—approximately 80%—and reduced pipeline failures by 400%. As one of the few Esri Platinum Partners, Xylem is positioned to leverage advanced location intelligence to address global water challenges effectively.
Xylem Inc. (NYSE: XYL) will announce its first quarter 2021 results on May 4, 2021, at 6:55 a.m. (ET). A conference call with senior management will follow at 10:00 a.m. (ET) to discuss the results with investors. The call can be accessed at +1 (973) 935-2945 (ID # 5567508) or through their website. A replay of the call will be available until June 2, 2021, by calling +1 (800) 585-8367 or +1 (404) 537-3406 (ID # 5567508).
Xylem reported $4.88 billion in revenue for 2020, emphasizing its commitment to addressing global water challenges.
Xylem Inc. (NYSE: XYL) reported fourth quarter revenue of $1.37 billion and full-year revenue of $4.88 billion, surpassing expectations despite COVID-19 impacts. However, operating margins declined with fourth quarter adjusted margins at 13.8%, down 120 basis points year-over-year. Net income for Q4 was $148 million or $0.82 per share. For 2021, Xylem forecasts revenue between $5.16 to $5.26 billion, with adjusted EPS projected at $2.35 to $2.60, reflecting a 14 to 26 percent increase from 2020. An 8% increase in the dividend to $0.28 per share was also announced.
Xylem Inc. (NYSE: XYL) will announce its fourth quarter 2020 results on February 4, 2021, at 6:55 a.m. (ET). Following this, a conference call with senior management will take place at 9:00 a.m. (ET) for investors. Participants can join the call by dialing +1 (973) 935-2945 (ID# 6283413) or through the Investors Events | Xylem US. A replay will be available until March 5, 2021.
Xylem Inc. (NYSE: XYL) reported a net income of $37 million for Q3 2020, equating to $0.20 per share. Adjusted net income stood at $114 million, or $0.62 per share, as revenue dropped 6% to $1.2 billion. Orders saw a 7% decline, but the wastewater utility business remained resilient. Operating margin was 6%, up 520 basis points year-over-year, while adjusted margin was 13.0%, down 210 basis points. Xylem generated $275 million in operating cash flow with a robust liquidity of $2.4 billion. For Q4, projected organic revenue declines are 6-8%, with a full-year free cash flow conversion anticipated over 100%.
The Board of Directors of Xylem (NYSE: XYL) has announced a $0.26 dividend per share, payable on December 3, 2020, to shareholders recorded as of November 5, 2020. Xylem is a dominant global water technology firm dedicated to addressing water challenges through innovation. With over 16,000 employees, the company reported $5.25 billion in revenue for 2019, emphasizing its commitment to sustainable water management in more than 150 countries.
Xylem Inc. (NYSE: XYL) will release its third quarter 2020 results on October 29, 2020, at 6:55 a.m. (ET). A conference call for investors will follow at 10:00 a.m. (ET), accessible by calling +1 (973) 935-2945 (ID # 7096699) or through the Investors Events page. A replay will be available until November 30, 2020, via telephone and the same Investors Events page.
Xylem reported $5.25 billion in revenue for 2019, focusing on innovative water technology solutions.
Xylem (XYL) is addressing water scarcity in the U.K. through a partnership with Anglian Water and Arqiva. Their initiative involves deploying a smart water network to conserve up to 30 million liters of water daily by 2025, driven by data and smart technology. The project, detailed in Xylem's Sustainability Report, aims to improve customer education on water usage and enable better leak detection. The collaboration highlights the importance of water efficiency as a critical goal for utilities. This effort reinforces Xylem's role in promoting sustainable water management.