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Solv Energy: Q3 Earnings Snapshot
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SAN DIEGO (AP) — SAN DIEGO (AP) — Solv Energy Inc. (MWH) on Thursday reported third-quarter net income of $69.9 million.

On a per-share basis, the San Diego-based company said it had net income of 53 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The provider of infrastructure services to the power industry posted revenue of $1.24 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $1.19 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MWH at https://www.zacks.com/ap/MWH

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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