Artesian Resources Corporation Reports Second Quarter and Year-to-Date 2024 Results [Yahoo! Finance]
Artesian Resources Corporation - Class A Non-Voting (ARTNA)
US:NASDAQ Investor Relations:
apam.com
Company Research
Source: Yahoo! Finance
water and wastewater services, and a number of other related business services, today announced second quarter and year-to-date results for 2024. Second Quarter Results Net income was $5.3 million, a $0.9 million, or 19.9%, increase compared to net income recorded for the three months ended June 30, 2023. Diluted net income per share was $0.52, an 18.2% increase compared to $0.44 for the same period in 2023. Revenues totaled $27.4 million for the three months ended June 30, 2024, $2.2 million, or 8.6%, more than revenues for the three months ended June 30, 2023. Water sales revenue increased $1.9 million, or 9.0%, primarily as a result of a temporary rate increase placed into effect on November 28, 2023, as permitted under Delaware law. The temporary rates were replaced with the final approved rates pursuant to a Delaware Public Service Commission, or DEPSC, order with a rate effective date of June 12, 2024. In addition, there was an increase in the number of customers served
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News
- Shareholders in Artesian Resources (NASDAQ:ARTN.A) are in the red if they invested a year ago [Yahoo! Finance]Yahoo! Finance
- Artesian Resources: A Small-Cap Water Utility For Consistent Dividend Growth [Seeking Alpha]Seeking Alpha
- Artesian Resources Corporation (NASDAQ:ARTN.A) is favoured by institutional owners who hold 63% of the company [Yahoo! Finance]Yahoo! Finance
- Artesian Resources Corporation Reports Second Quarter and Year-to-Date 2024 ResultsGlobeNewswire
- Artesian Resources Corporation Declares Common Stock DividendGlobeNewswire
ARTNA
Earnings
- 8/5/24 - Miss
ARTNA
Sec Filings
- 8/7/24 - Form 10-Q
- 8/6/24 - Form 8-K
- ARTNA's page on the SEC website