Xylem (XYL) Reports 4% Revenue Growth to $2.4 Billion in Q3

Published on Β· Source: finance.yahoo.com

Xylem (XYL) Reports 4% Revenue Growth to $2.4 Billion in Q3

AI Summary

Summarized by AI from the source below

Xylem (XYL) reported a 4% year-over-year revenue growth for the last quarter, reaching $2.4 billion, with net orders increasing by 9%. As data centers expand, they require significant water cooling technology, positioning Xylem to capitalize on this trend with its smart water solutions. Currently, Xylem's stock is trading at a P/E ratio of 32.6. Meanwhile, American Water Works (AWK) also reported operating revenue of $5.1 billion, up from $4.68 billion the previous year, benefitting from regulated returns on capital investments.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

About American Water Works (AWK)

American Water Works is the largest U.S. publicly traded water and wastewater utility.

The Utilities sector covers electric, gas and water providers prized for steady, regulated income.

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