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Stock impact report

Middlesex Water Reports Second Quarter Financial Results

Middlesex Water Company (MSEX) 
Last middlesex water company earnings: 11/1 12:33 pm Check Earnings Report
US:NASDAQ Investor Relations: middlesexwater.com
Company Research Source: GlobeNewswire
Second Quarter Summary Revenues Increase $1.9 Million.Net Income Rises by $1.6 Million.Major Transmission Main Project Completed. ISELIN, N.J., July 31, 2020 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ:MSEX) a provider of water and wastewater services, today reported Second Quarter diluted earnings per share of $0.55, as compared to $.49 per share in than the same period in 2019. Second Quarter ResultsThe Company reported second quarter 2020 consolidated operating revenues of $35.3 million, as compared to $33.4 million in 2019. The $1.9 million increase in operating revenues is largely demand driven from residential and other retail water customers in the Middlesex System in New Jersey and from higher water consumption and customer growth in our Delaware systems. “Throughout the second quarter and in the midst of the ongoing pandemic, our teams remained focused on maintaining our water and wastewater infrastructure and delivering the manage Show less Read more
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