HTO Q1 2024 Earnings — H2O America Revenue & Financial Results | Market Cap Arena

HTOH2O America

$2B

Q1 2024 Earnings

Utilities Regulated Water

Income Statement

Revenue

$149M+8.8% YoY

Gross Profit

$91M60.9% margin

Operating Income

$28M18.7% margin

Net Income

$12M7.8% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

-12.8%

Cash Flow

Operating Cash Flow

$51M

Free Cash Flow

-$23M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$3.1B

Stockholders' Equity

$1.2B

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$149M	$137M	+8.8%
Gross Profit	$91M	$84M	+7.9%
Operating Income	$28M	$25M	+10.9%
Net Income	$12M	$12M	+1.5%