The York Water Company Reports Three Months Earnings
The York Water Company (YORW)
Last the york water company earnings: 11/7 10:13 am
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US:NASDAQ Investor Relations:
yorkwater.com/investor-relations-form
Company Research
Source: GlobeNewswire
YORK, Pa., May 05, 2020 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's financial results for the first quarter of 2020. President Hand reported that first quarter operating revenues of $12,877,000 increased $1,046,000, and net income of $4,002,000 increased $1,189,000 compared to the first quarter of 2019. Basic and Diluted Earnings per share of $0.31 for the three-month period increased $0.09 compared to the same period last year. Increased revenues were primarily due to an increase in rates effective March 1, 2019 partially offset by a reset to zero of the Distribution System Improvement Charge (DSIC). DSIC is a Pennsylvania Public Utility Commission (PPUC) allowed charge that water utilities collect from customers for the replacement of aging infrastructure. Growth in the customer base also added to revenues. A decrease in per capita consumption reduced the impact of the new customers. The Company also recognized a no
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YORW
Earnings
- 3/5/24 - Beat
YORW
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- YORW's page on the SEC website