secwatch.observer — SEC 8-K summary
======================================

Issuer:     ARTESIAN RESOURCES CORP (ARTNA)
CIK:        0000863110
Form:       8-K
Filed at:   2025-03-26T23:59:59+00:00
Accession:  0000863110-25-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artesian Resources reports FY2024 net income $20.4M (+22.1%); diluted EPS $1.98
-------------------------------------------------------------------------------

- Full-year revenue $108.0M, up 9.2% YoY; Q4 revenue $26.8M, up 9.4%.
- Full-year diluted EPS $1.98 vs $1.67; Q4 diluted EPS $0.37 vs $0.34.
- Net income rose $3.7M in FY2024, driven by Nov 2023 rate increase and higher water consumption.
- Invested $45.9M in water/wastewater infrastructure in 2024.
- CFO notes margin pressure from rising energy and treatment costs; expects timely rate filings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863110/000086311025000017/0000863110-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863110/000086311025000017/8k.htm
  HTML page:      https://secwatch.observer/filing/0000863110-25-000017

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