secwatch.observer — SEC 8-K summary
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Issuer:     ARTESIAN RESOURCES CORP (ARTNA)
CIK:        0000863110
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0000863110-24-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artesian Resources Q3 net income rises 34.4% to $6.8M; EPS $0.66
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- Q3 net income $6.8M, +34.4% YoY; diluted EPS $0.66 vs $0.49.
- Q3 revenue $29.1M, +9.7% YoY; driven by 14.6% temporary rate increase and 15.2% final approved rates.
- YTD net income $16.5M, +25.2% YoY; diluted EPS $1.61 vs $1.33.
- YTD revenue $81.1M, +9.1% YoY; capital expenditures $30.9M in infrastructure.
- CEO cites new customers, higher consumption, and successful rate case resolution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863110/000086311024000040/0000863110-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863110/000086311024000040/8k.htm
  HTML page:      https://secwatch.observer/filing/0000863110-24-000040

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