York Water Q1 net income $3.65M, EPS $0.26 down $0.03 YoY; revenue up 8%

YORK WATER CO

2023-Q1 EPS reported $0.26 revenue$15,401,000

Operating revenues $15.4M, up 8.2% YoY on rate increase and customer growth.
Net income $3.65M, EPS $0.26 vs $0.29 YoY, down $0.03 per share.
Dividends declared $0.2027/share, up 4% from $0.1949 YoY.
Capital investments $10.6M in Q1; plans additional $45.7M for 2023 pipeline and dam work.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

YORK WATER CO reported first quarter of 2023 results: revenue $15,401,000, net income $3,653,000, EPS $0.26.

Period: first quarter of 2023
Revenue: $15,401,000
Net income: $3,653,000
EPS: $0.26
Result: reported results

Exact text from the filing

announced the Company's financial results for the first quarter of 2023. President Hand reported that compared to the first quarter of 2022, first quarter operating revenues of $15,401,000 increased $1,161,000 and income before income taxes of $4,196,000 increased $568,000. Net income of $3,653,000 decreased $206,000 over the same period last year. Basic and

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Source: SEC EDGAR

accession 0000108985-23-000041

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