Evoqua has completed its merger with Xylem. Evoqua shareholders received 0.48 shares of Xylem for each share of their company. They now own 25% of the combined company.

Evoqua has entered into a merger agreement with Xylem. Evoqua shareholders will receive 0.48 shares of Xylem stock for each share of their company. As a result, they will own 25% of the combined company. Completion of the merger is scheduled for mid-2023.

Evoqua Water Technologies' GAAP net income for 6 months of fiscal year 2022 was $13.462 million, up 16.5% from $11.559 million in the prior year. Revenue increased 18.6% to $792.996 million from $668.757 million a year earlier.

Evoqua Water Technologies' GAAP net income for 3 months of fiscal year 2022 was $6.088 million, down 6% from $6.477 million in the prior year. Revenue increased 13.7% to $366.268 million from $322.193 million a year earlier.