Artesian Resources Corporation Reports Third 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 third quarter and year-to-date results for 2024. Third Quarter Results Net income was $6.8 million, a $1.7 million, or 34.4%, increase compared to net income recorded for the three months ended September 30, 2023. Diluted net income per share was $0.66 compared to $0.49 for the same period in 2023. Revenues totaled $29.1 million for the three months ended September 30, 2024, $2.6 million, or 9.7%, more than revenues for the three months ended September 30, 2023. Water sales revenue increased $2.5 million, or 11.3%, primarily as a result of a temporary rate increase of 14.6% of gross water sales placed into effect on November 28, 2023, as permitted under Delaware law. These temporary rates were replaced with the final approved rates pursuant to a Delaware Public Service Commission (DEPSC) order that authorized a total increase of approximately 15.2%, with a rate effective date of Jun
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ARTNA
Earnings
- 11/4/24 - Beat
ARTNA
Sec Filings
- 11/14/24 - Form SC
- 11/8/24 - Form SC
- 11/8/24 - Form 10-Q
- ARTNA's page on the SEC website