Every material Form 8-K Xylem filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Xylem reported third-quarter 2024 revenue of $2.1 billion, up 1% on both reported and organic bases, with diluted EPS of $0.89, up 41%, and adjusted EPS of $1.11, up 12%. The company narrowed its full-year adjusted EPS guidance to $4.22 to $4.24 from $4.18 to $4.28, and expects full-year revenue of $8.5 billion.
Q3 revenue was $2,104 million, up from $2,076 million a year earlier; net income was $217 million versus $152 million.
Q3 diluted EPS was $0.89 versus $0.63; adjusted EPS was $1.11 versus $0.99.
Full-year 2024 adjusted EPS guidance narrowed to $4.22 to $4.24, from $4.18 to $4.28.
Q3 adjusted EBITDA margin was 21.2%, up 140 basis points year over year; orders rose 8%.
Xylem Inc. said Meredith Emmerich will become Senior Vice President and President, Applied Water, effective October 21, 2024, succeeding Franz Cerwinka. Cerwinka will leave his current role on October 21 and remain as an advisor until his termination date of on or about March 31, 2025, under a transition agreement. The filing discloses a leadership change in one of the company's four reportable segments but no financial results.
Meredith Emmerich, formerly Vice President at Carrier Global Corporation, becomes Senior Vice President and President, Applied Water, effective October 21, 2024.
Franz Cerwinka ceases to hold his role effective October 21, 2024, and stays on as an advisor until on or about March 31, 2025.
Cerwinka's transition agreement keeps his base salary at an annual rate of $570,630 and allows continued vesting of equity awards through the termination date.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Xylem filing is on SEC EDGAR ↗. 8-K briefs of other companies →