---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-018615"
form_type: "8-K"
ticker: "CWCO"
cik: "0000928340"
company_name: "Consolidated Water Co. Ltd."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T08:25:24.986435+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Consolidated Water Q3 revenue up 99% to $49.9M; EPS $0.55 vs $0.05 YoY

## Summary
- Total revenue rose 99% to $49.9M; net income from continuing ops of $8.8M ($0.55/diluted share) vs $0.8M ($0.05) a year ago.
- Services segment revenue surged 237% to $29.4M, driven by $20M from Arizona water treatment plant construction.
- Retail water volume in Grand Cayman increased 16%; quarterly dividend raised 11.8% to $0.095/share for Q4.
- Received notice to proceed on $204M Hawaii desalination plant (24-year base term); PERC started contracts at Edwards AFB ($1.3M/yr) and Avalon ($2.1M/18mos).
- Acquired Ramey Environmental Compliance (REC), expanding O&M footprint in Colorado; terms not disclosed.

## SEC filing metadata
- accession: 0001558370-23-018615
- form_type: 8-K
- ticker: CWCO
- cik: 0000928340
- company_name: Consolidated Water Co. Ltd.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928340/000155837023018615/0001558370-23-018615-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928340/000155837023018615/cwco-20231109x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-018615
- JSON: https://secwatch.observer/filing/0001558370-23-018615.json
- Plain text: https://secwatch.observer/filing/0001558370-23-018615.txt

## Key facts
- Earnings Releases
  Consolidated Water Co. Ltd. reported the third quarter ended September 30, 2023 results: revenue $49.9 million, net income $8.6 million, EPS $0.54 per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $49.9 million
  - Net income: $8.6 million
  - EPS: $0.54 per diluted share
  - Result: reported results
  source text: Consolidated Water Reports Third Quarter 2023 Revenue up 99% to $49.9 Million and Net Income of $8.6 Million or $0.54 per Diluted Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/928340/000155837023018615/0001558370-23-018615-index.htm

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