secwatch.observer — SEC 8-K summary
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Issuer:     YORK WATER CO (YORW)
CIK:        0000108985
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000108985-24-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

York Water Q1 net income rises 18.5% to $4.33M; EPS $0.30 vs $0.26
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- Q1 operating revenue $17.63M, up $2.23M (+14.5%) YoY; net income $4.33M, up $0.67M (+18.5%).
- EPS $0.30 diluted, +$0.04 YoY; dividend declared $0.2108/share, up from $0.2027.
- Revenue driven by rate increase effective Mar 2023 and customer growth, partially offset by DSIC reset to zero.
- Capital spending $8.5M in Q1; additional $33.7M planned for 2024 excluding acquisitions.
- Completed acquisitions of MESCO wastewater assets and Longstown Mobile Estates water assets; now serves 56 municipalities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108985/000010898524000039/0000108985-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108985/000010898524000039/form8k-050724.htm
  HTML page:      https://secwatch.observer/filing/0000108985-24-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer