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Stock impact report

Global Water Resources' (GWRS) Q4 Earnings Meet Estimates [Yahoo! Finance]

Global Water Resources, Inc. - common stock (GWRS) 
Last global water resources, inc. - common stock earnings: 3/4 06:40 pm Check Earnings Report
US:NASDAQ Investor Relations: gwresources.com/contact-investor-relations
Company Research Source: Yahoo! Finance
The bottom line improved 25% from the year-ago quarter's 4 cents. For full-year 2023, GWRS reported earnings of 33 cents, up 45% year over year. Revenues Fourth-quarter revenues of $12.4 million surpassed the Zacks Consensus Estimate of $12 million by 3.3%. Also, the top line increased 11.4% from the year-ago quarter's $11.1 million. Full-year 2023 revenues totaled $53 million, up 18.6% from $44.7 million in the previous year. Global Water Resources, Inc. Price, Consensus and EPS Surprise Global Water Resources, Inc. price-consensus-eps-surprise-chart | Global Water Resources, Inc. Quote Highlights of the Release In the reported quarter, operating expenses totaled $10.7 million, up 8.1% from $9.8 million in the previous year. This was due to an 18.7% increase in operation and maintenance expenses, and a 3.3% rise in general and administrative expenses. In the fourth quarter, interest expenses were $1.1 million, tad lower from the year-ago quarter's level of $1.4 mill Show less Read more
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