Primo Water Corporation Reports Improved Net Income and Revenue Growth in Q2 2023
Revenue Surges to $546.5 Million, Resulting in Net Income of $5.8 Million for Primo Water Corporation in Q2 2023
By USInMinutes
Published - Aug 10, 2023, 11:15 AM ET
Last Updated - Aug 10, 2023, 11:15 AM EDT
Primo Water Corporation,(COT) a leading provider of water and water-related products, has announced its financial results for the second quarter of 2023. The company demonstrated remarkable growth in both revenue and net income, marking a significant turnaround from the previous year's performance.
Net Income/ Loss Highlights
During the three months ended April 1, 2023, Primo Water Corporation reported a net income of $5.8 million. This marks a substantial improvement compared to the same period last year when the company reported a net loss of $6.7 million. This positive shift in net income underscores the company's strategic efforts to enhance profitability and operational efficiency.
Revenue Milestone
