CWT Q2 2020 Earnings — California Water Service Group Revenue & Financial Results | Market Cap Arena

CWTCalifornia Water Service Group

$3B

Q2 2020 Earnings

Utilities Regulated Water

Income Statement

Revenue

$175M-2.0% YoY

Gross Profit

$72M40.9% margin

Operating Income

$12M7.1% margin

Net Income

$5M3.0% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+39.8%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$52M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$2.6B

Stockholders' Equity

$782M

Cash & Equivalents

$115M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$175M	$179M	-2.0%
Gross Profit	$72M	$109M	-34.0%
Operating Income	$12M	$27M	-53.8%
Net Income	$5M	$17M	-68.9%

Revenue Segments

Regulated Water and WasteWater Services

$172M49%

Residential

$116M33%

Business

$29M8%

Service, Other

$13M4%

Public Authorities

$8M2%

Industrial

$7M2%

Non-Regulated Services

$4M1%

Operating And Maintenance

$3M1%

Other Non-Regulated Service

$834,0000%