MSEX Q2 2017 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q2 2017 Earnings

Utilities Regulated Water

Income Statement

Revenue

$33M+0.9% YoY

Gross Profit

$16M49.6% margin

Operating Income

$9M28.3% margin

Net Income

$5M16.3% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

+9.6%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

-$2M

Stock-Based Comp.

$277,000

Balance Sheet

Total Assets

$639M

Total Liabilities

$414M

Stockholders' Equity

$225M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$33M	+0.9%
Gross Profit	$16M	$17M	-3.4%
Operating Income	$9M	$10M	-9.4%
Net Income	$5M	$6M	-9.1%

Revenue Segments

Regulated

$29M88%

Non - Regulated

$4M12%