secwatch.observer — SEC 8-K summary
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Issuer:     Global Water Resources, Inc. (GWRS)
CIK:        0001434728
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001434728-22-000367
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Water Q3 revenue +11%, net income +12.6%; ACC approves Farmers Water acquisition
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- Regulated revenue $11.9M (+11%); net income $1.7M ($0.07 EPS, +12.6%); Adj. EBITDA $6.1M (+21%).
- Active connections up 8.0% to 56,134; new rates phased-in from Aug 1, expected annualized rev increase ~$2.2M.
- ACC verbally approved Farmers Water Co. acquisition on Nov 9; signed order expected by year-end.
- Raised ~$14.9M from public offering; credit line increased from $10M to $15M.
- Declared monthly dividend of $0.02458/share ($0.29496 annualized), unchanged from prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434728/000143472822000367/0001434728-22-000367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434728/000143472822000367/gwrs-20221109.htm
  HTML page:      https://secwatch.observer/filing/0001434728-22-000367

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