Consolidated Water Q3 revenue falls 33% to $33.4M; diluted EPS $0.31 vs $0.55

Consolidated Water Co. Ltd.

2024-Q3 EPS reported $1.68 revenue$105,559,105

Revenue declined 33% to $33.4M due to completion of two large construction projects earlier in 2024.
Net income from continuing ops $5.0M ($0.31 diluted) vs $8.8M ($0.55) in Q3 2023.
Services segment revenue down 57% to $12.7M; O&M revenue up 49% to $7.5M including $2.1M from REC.
Retail water volume +4.2% on 4.8% more customer connections; bulk revenue +3% to $8.8M.
$147M Hawaii desalination plant project advancing through design/permitting; construction to begin late 2025.

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