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Why Water Technology Company Xylem Shares Are Seeing Blue Skies Today

Xylem shines in Q4 FY23, boasting 41% revenue growth to $2.12 billion, surpassing market expectations. Orders and backlog surge, indicating robust demand and promising future prospects. With impressive financial results and a confident outlook, Xylem positions itself as a leader in the industry, projecting adjusted EPS of $4.00-$4.20 for FY24.