MSEX Q1 2019 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q1 2019 Earnings

Utilities Regulated Water

Income Statement

Revenue

$31M-1.5% YoY

Gross Profit

$15M47.5% margin

Operating Income

$7M22.9% margin

Net Income

$7M21.3% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$5M

Stock-Based Comp.

$229,000

Balance Sheet

Total Assets

$783M

Total Liabilities

$526M

Stockholders' Equity

$257M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$31M	-1.5%
Gross Profit	$15M	$13M	+9.3%
Operating Income	$7M	$6M	+10.7%
Net Income	$7M	$4M	+45.8%

Revenue Segments

Regulated

$28M91%

Non - Regulated

$3M9%