secwatch.observer — SEC 8-K summary
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Issuer:     ARTESIAN RESOURCES CORP (ARTNA)
CIK:        0000863110
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0000863110-24-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artesian Resources Q2 net income up 19.9% to $5.3M; EPS $0.52 vs $0.44
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- Q2 net income $5.3M (+19.9% YoY); diluted EPS $0.52 (+18.2%).
- Revenue $27.4M (+8.6% YoY) driven by rate increase, customer growth, and warmer weather.
- Temporary water rate increase finalized by DEPSC effective June 12, 2024.
- YTD net income $9.7M (+19.5%); EPS $0.95 (+13.1%).
- Capital expenditures $18.4M in H1 2024 for PFAS treatment, infrastructure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863110/000086311024000032/0000863110-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863110/000086311024000032/8k.htm
  HTML page:      https://secwatch.observer/filing/0000863110-24-000032

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