secwatch.observer — SEC 8-K summary
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Issuer:     Consolidated Water Co. Ltd. (CWCO)
CIK:        0000928340
Form:       8-K
Filed at:   2024-11-15T23:59:59+00:00
Accession:  0001558370-24-015803
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928340/000155837024015803/0001558370-24-015803-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928340/000155837024015803/cwco-20241114x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-015803

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