Stocks in play: H2O Innovation Inc.

Has recently renewed the contract with its largest operation and maintenance customer, the City of Gulfport, Mississippi. This renewal, valued at $13.9 M/year, includes a scope expansion for solid waste collection and fleet management as well as annual consumer price index adjustments. The expanded four-year contract, valued at $55.5 M, brings the Corporation’s O&M backlog to $131.0 M. The City also has the option to extend the contract up to four additional renewal periods of two years each, potentially lengthening the total contract term to 12 years. H2O Innovation Inc. shares T.HEO are trading unchanged at $2.44.

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