earnings
confidence high
sentiment neutral
materiality 0.70
Global Water Resources Q2 revenue up 5.4% to $14.2M, net income slips to $1.6M
Global Water Resources, Inc.
2025-Q2 EPS
reported $0.08
vs consensus $0.06
▲ beat
(+30.7%)
- Net income of $1.6M ($0.06 EPS) vs $1.7M ($0.07 EPS) year ago; adjusted EBITDA up 2.1% to $6.9M.
- Active connections rose 3.8% to 65,639; water consumption up 8.2% to 1.2B gallons.
- Completed Tucson Water acquisition of 7 systems at ~$7.7M rate base, adding ~$1.5M annual revenue.
- ACC approved GW-Farmers rate hike generating ~$1.1M additional annual revenue, phased from May 2025.
- Declared monthly dividend of $0.02533/share ($0.30396 annualized); extended credit line to $20M through 2027.
item 2.02item 9.01