Artesian Resources Corporation Reports First Quarter 2024 Results [Yahoo! Finance]
Artesian Resources Corporation - Class A Non-Voting (ARTNA)
US:NASDAQ Investor Relations:
apam.com
Company Research
Source: Yahoo! Finance
and wastewater services, and a number of other related business services, today announced earnings results for the first quarter of 2024. First Quarter Results Net income was $4.4 million, a $0.7 million, or 19.1%, increase compared to net income recorded during the three months ended March 31, 2023. Diluted net income per share increased 10.3% to $0.43, compared to $0.39 for the same period in 2023. Revenues totaled $24.5 million for the three months ended March 31, 2024, $2.0 million, or 9.1%, more than revenues for the three months ended March 31, 2023. Water sales revenue increased $1.8 million, or 10.0%, primarily as a result of a net 7.5% temporary water rate increase placed into effect on November 28, 2023, as permitted under Delaware law, until permanent rates are determined by the Delaware Public Service Commission, and an increase in overall water consumption. Other utility operating revenue increased approximately $0.2 million, or 7.0%, primarily due to an increas
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News
- Artesian Resources' (NASDAQ:ARTN.A) Shareholders Will Receive A Bigger Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
- Artesian Resources Corporation Announces 2% Increase in Quarterly Common Stock DividendGlobeNewswire
- Artesian Resources Corporation Reports First Quarter 2024 ResultsGlobeNewswire
- Artesian Resources Corporation's (NASDAQ:ARTN.A) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock? [Yahoo! Finance]Yahoo! Finance
- Artesian Resources Co. (NASDAQ: ARTNA) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
ARTNA
Earnings
- 11/6/23 - Beat
ARTNA
Sec Filings
- 6/17/24 - Form 8-K
- 5/22/24 - Form 8-K
- 5/10/24 - Form 4
- ARTNA's page on the SEC website