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Artesian Resources Q1 net income rises 9.2% to $5.93 million; revenue climbs 7.3% to $27.77 million
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Artesian Resources Q1 net income rises 9.2% to $5.93 million; revenue climbs 7.3% to $27.77 million
  • Artesian Resources posted net income applicable to common stock of USD 5.93 million, up 9.2%, with diluted EPS rising to USD 0.57 from USD 0.53.
  • Revenue climbed 7.3% to USD 27.77 million, driven by a 7.3% increase in water sales to USD 22.19 million.
  • Operating income increased to USD 6.28 million from USD 5.55 million, while interest charges edged up to USD 2.23 million from USD 2.17 million.
  • Capital expenditures rose to USD 13.14 million from USD 10.4 million, while cash and cash equivalents increased to USD 4.26 million from USD 3.71 million.
  • Artesian Water’s Delaware rate case remained pending, with about USD 1 million of revenue from the November 6, 2025 temporary rate step reserved for refund as of March 31, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Artesian Resources Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000863110-26-000055), on May 08, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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