MSEX Q1 2017 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q1 2017 Earnings

Utilities Regulated Water

Income Statement

Revenue

$30M-1.5% YoY

Gross Profit

$14M47.8% margin

Operating Income

$8M25.1% margin

Net Income

$4M14.7% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-5.3%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$512,000

Stock-Based Comp.

$160,000

Balance Sheet

Total Assets

$627M

Total Liabilities

$405M

Stockholders' Equity

$222M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$31M	-1.5%
Gross Profit	$14M	$15M	-2.4%
Operating Income	$8M	$8M	-8.8%
Net Income	$4M	$5M	-7.3%

Revenue Segments

Regulated

$26M88%

Non - Regulated

$4M12%