Financial PerformanceRevenue came in just below expectations, while adjusted EBITDA beat market estimates by 6% but missed consensus by 2%.
Guidance RevisionRevenue guidance was lowered to a midpoint of $2,425 million, with a growth range of 5.5% to 6.5%.
Regulatory ConcernsThe UK Competition and Markets Authority published an interim report finding that the proposed CWT acquisition would result in a significant lessening of competition in the UK.