---
schema_version: "secwatch.filing_event.v1"
accession: "0001434728-23-000265"
form_type: "8-K"
ticker: "GWRS"
cik: "0001434728"
company_name: "Global Water Resources, Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:06:45.060390+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Global Water Q2 revenue +11%, net income -17.5% to $1.7M; connections surpass 60k; $38.4M infrastructure activated

## Summary
- Total revenue $13.0M, up 11% YoY; net income $1.7M ($0.07/share) down from $2.1M due to prior year tax benefit.
- Adjusted EBITDA $6.7M, +10.5% YoY; active connections 60,291 (+8% YoY) with annualized growth rate 14.3%.
- Declared monthly dividend $0.02483/share ($0.29796 annualized); extended $15M revolving credit line to July 2025.
- Filed Saguaro District rate case with ACC; activated ~$38.4M infrastructure in Pinal County service area.

## SEC filing metadata
- accession: 0001434728-23-000265
- form_type: 8-K
- ticker: GWRS
- cik: 0001434728
- company_name: Global Water Resources, Inc.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434728/000143472823000265/0001434728-23-000265-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434728/000143472823000265/gwrs-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001434728-23-000265
- JSON: https://secwatch.observer/filing/0001434728-23-000265.json
- Plain text: https://secwatch.observer/filing/0001434728-23-000265.txt

## Key facts
- Earnings Releases
  Global Water Resources, Inc. reported quarter ended June 30, 2023 results: revenue $13.0 million, net income $1.7 million, EPS $0.07 per share.
  - Period: quarter ended June 30, 2023
  - Revenue: $13.0 million
  - Net income: $1.7 million
  - EPS: $0.07 per share
  - Result: reported results
  source text: at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below). Q2 2023 Financial Highlights • Total revenue increased $1.3 million , or 11.0%, to $13.0 million. • Net income decreased $0.4 million, or 17.5%, to $1.7 million, or $0.07 per share. The primary reason for the decrease is the approximate $0.7 million in tax benefit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434728/000143472823000265/0001434728-23-000265-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.