AquaVenture Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported total Revenues were USD 32,514,000 compared to USD 28,941,000 a year ago. Loss from operations was USD 2,549,000 compared to USD 2,181,000 a year ago. Loss before income tax expense was USD 5,939,000 compared to USD 5,111,000 a year ago. Net loss was USD 6,346,000 or USD 0.24 per basic and diluted share compared to USD 6,001,000 or USD 0.23 per basic and diluted share a year ago. Net cash provided by operating activities was USD 5,084,000 compared to USD 6,163,000 a year ago. Capital expenditures were USD 2,847,000 compared to USD 3,174,000 a year ago. Adjusted EBITDA was USD 10,318,000 compared to USD 8,783,000 a year ago.

For the full year 2018 outlook, the company reaffirms that it expects to achieve the following financial results: Revenues between USD 131 million and USD 136 million; adjusted EBITDA between USD 42 million and USD 47 million; and adjusted EBITDA plus the principal collected on the Peru construction contract between USD 47 million and USD 52 million.