Consolidated Water Reports 2023 Revenue up 92% to $180.2 Million, Net Income of $30.7 Million or $1.93 per Diluted Share
Consolidated Water Co. Ltd. - Ordinary Shares (CWCO)
Last consolidated water co. ltd. - ordinary shares earnings: 11/12 08:30 am
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US:NASDAQ Investor Relations:
ir.cwco.com
Company Research
Source: GlobeNewswire
GEORGE TOWN, Cayman Islands, March 27, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported results for the full year ended December 31, 2023. All comparisons are to the same prior year period unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). 2023 Financial Highlights Total revenue up 92% to $180.2 million.Retail revenue up 16% to $30.2 million.Bulk revenue increased 5% to $34.6 million.Services revenue increased 240% to $98.0 million, with recurring services revenue generated from operations and maintenance contracts up 37% to $19.4 million.Manufacturing revenue increased 177% to $17.5 million. Net income from continuing operations attributable to company stockholders was $30.7 million or $1.93 per diluted share, as compared to $8.2 million or
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CWCO
News
- Consolidated Water Co. Ltd. (NASDAQ: CWCO) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Here's Why Consolidated Water (CWCO) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- Consolidated Water (CWCO) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]Yahoo! Finance
- Investors in Consolidated Water (NASDAQ:CWCO) have seen solid returns of 117% over the past five years [Yahoo! Finance]Yahoo! Finance
- Zacks Industry Outlook Highlights American Water Works, American States Water, Global Water Resources Consolidated Water [Yahoo! Finance]Yahoo! Finance
CWCO
Earnings
- 11/9/23 - Beat
CWCO
Sec Filings
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- CWCO's page on the SEC website