ARTESIAN RESOURCES CORP (ARTNA) Form 10-Q — May 8, 2026
Artesian Resources Corporation reported total operating revenues of $27.8 million for the three months ended March 31, 2026, a 7.3% increase from the same period in 2025. This growth was primarily driven by two temporary rate increases and an increase in the number of customers served. The company's net income applicable to common stock increased by $0.5 million, or 9.2%, to $5.934 million for the three months ended March 31, 2026. This increase was due to higher operating revenues, offset by a $1.2 million increase in total operating expenses and a $0.2 million decrease in other income.
Key figures
- Eps
- 0.58
- Revenue
- 27774
- Net Income
- 5934
- Total Debt
- 185933
- Revenue Yoy
- 7.3
- Cash Position
- 4255
- Debt Issuance
- 10000
- Dividends Paid
- 3236
- Operating Income
- 6276
- Water Sales Revenue
- 22192
- Non Utility Operating Revenue
- 2015
- Other Utility Operating Revenue
- 3567
Price after filing
Close on the filing date to close N calendar days later (from $32.04). Historical, not a forecast.
AI analysis
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