HTO Q2 2023 Earnings — H2O America Revenue & Financial Results | Market Cap Arena

HTOH2O America

$2B

Q2 2023 Earnings

Utilities Regulated Water

Income Statement

Revenue

$157M+5.3% YoY

Gross Profit

$89M56.5% margin

Operating Income

$31M19.9% margin

Net Income

$18M11.7% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+14.3%

Cash Flow

Operating Cash Flow

$47M

Free Cash Flow

-$23M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$2.5B

Stockholders' Equity

$1.2B

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$157M	$149M	+5.3%
Gross Profit	$89M	$82M	+7.6%
Operating Income	$31M	$26M	+18.0%
Net Income	$18M	$11M	+61.7%