secwatch.observer — SEC 8-K summary
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Issuer:     ARTESIAN RESOURCES CORP (ARTNA)
CIK:        0000863110
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000863110-24-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artesian Resources Q1 net income up 19% to $4.4M; EPS $0.43 vs $0.39
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- Net income $4.4M, up 19.1% YoY; diluted EPS $0.43, up 10.3% from $0.39.
- Revenue $24.5M, up 9.1% YoY; water sales up 10% on temporary 7.5% rate increase.
- Operating expenses up 5.6% driven by water treatment costs, payroll, and benefits.
- Capital expenditures $8.9M in Q1; construction began on Sussex Regional Recharge Facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863110/000086311024000014/0000863110-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863110/000086311024000014/8k.htm
  HTML page:      https://secwatch.observer/filing/0000863110-24-000014

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