MSEX Q1 2018 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q1 2018 Earnings

Utilities Regulated Water

Income Statement

Revenue

$31M+3.5% YoY

Gross Profit

$13M42.8% margin

Operating Income

$6M20.4% margin

Net Income

$4M14.4% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$1M

Stock-Based Comp.

$173,000

Balance Sheet

Total Assets

$705M

Total Liabilities

$472M

Stockholders' Equity

$233M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$30M	+3.5%
Gross Profit	$13M	$14M	-7.3%
Operating Income	$6M	$8M	-16.2%
Net Income	$4M	$4M	+1.2%

Revenue Segments

Regulated

$27M87%

Non - Regulated

$4M13%