{"schema_version":"secwatch.filing_event.v1","accession":"0001434728-24-000155","form_type":"8-K","ticker":"GWRS","cik":"0001434728","company_name":"Global Water Resources, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.406635+00:00","generated_at":"2026-06-02T05:23:34.753232+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Global Water Resources Q1: regulated revenue up 6.9%, net income falls on ICFA timing","bullets":["Total revenue $11.6M (-11.6% YoY); regulated revenue $11.6M (+6.9%) on 4.4% more connections (62,451).","Net income $0.7M ($0.03 EPS) vs $2.5M ($0.10) YoY, due to $2.3M ICFA revenue in Q1 2023 not recurring.","Adjusted EBITDA $5.4M, up 4.5% YoY; monthly dividend maintained at $0.02508/share ($0.30096 annualized).","Subsidiary agreed to buy 7 water systems from City of Tucson for $8.4M cash, serving ~2,200 connections.","Saguaro District rate case settlement hearing held; ACC decision expected June 11, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001434728-24-000155","json":"https://secwatch.observer/filing/0001434728-24-000155.json","markdown":"https://secwatch.observer/filing/0001434728-24-000155.md","text":"https://secwatch.observer/filing/0001434728-24-000155.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1434728/000143472824000155/0001434728-24-000155-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1434728/000143472824000155/gwrs-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:23:34.753232+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b97c6e4a520b53456793d3879cd77117e6a6aa84","claim":"Global Water Resources, Inc. reported the first quarter ended March 31, 2024 results: revenue total revenue decreased $1.5 million or 11.6% to $11.6 million, net income Net income was $0.7 million or $0.03 per share, EPS $0.03 per share.","evidence_excerpt":"will hold a conference call at 1:00 p.m. Eastern time tomorrow to discuss the results (see dial-in information below). Q1 2024 Financial Highlights • Total revenue decreased $1.5 million or 11.6% to $11.6 million, primarily attributable to the recognition of $2.3 million in unregulated revenue related to infrastructure coordination and financing agreements","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1434728/000143472824000155/0001434728-24-000155-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"total revenue decreased $1.5 million or 11.6% to $11.6 million"},{"label":"Net income","value":"Net income was $0.7 million or $0.03 per share"},{"label":"EPS","value":"$0.03 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}