MSEX Q1 2020 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q1 2020 Earnings

Utilities Regulated Water

Income Statement

Revenue

$32M+3.5% YoY

Gross Profit

$15M45.9% margin

Operating Income

$7M20.5% margin

Net Income

$8M24.1% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

-3.0%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$9M

Stock-Based Comp.

$162,000

Balance Sheet

Total Assets

$935M

Total Liabilities

$606M

Stockholders' Equity

$329M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$31M	+3.5%
Gross Profit	$15M	$15M	-0.0%
Operating Income	$7M	$7M	-7.1%
Net Income	$8M	$7M	+17.0%

Revenue Segments

Regulated

$29M91%

Non - Regulated

$3M9%