earnings
confidence high
sentiment negative
materiality 0.70
Global Water Resources reports Q1 net loss of $0.4M; rate case settlement filed for GW-Santa Cruz increase $2.3M
Global Water Resources, Inc.
2026-Q1 EPS
reported -$0.01
vs consensus $0.00
▼ miss
(-1000000.0%)
- Revenue up 6.7% YoY to $13.3M; net loss of $0.4M vs net income $0.6M in Q1 2025.
- Adjusted EBITDA flat at $5.6M; declared monthly dividend $0.02533/share ($0.30396 annualized).
- Active connections up 5.7% to 68,885; water consumption up 7.9% YoY to 902M gallons.
- Filed ACC settlement: GW-Santa Cruz seeks ~$2.3M annual revenue increase effective Nov 1, 2026; GW-Palo Verde case refiled 2027.
- Extended $20M revolver to May 2028; Q1 infrastructure capex $6.3M.