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MSEX Q2 2023 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena
MSEX
Middlesex Water Company
$979M
Q2 2023 Earnings
Utilities
Regulated Water
Income Statement
Revenue
$43M
+7.9% YoY
Gross Profit
$22M
50.5% margin
Operating Income
$11M
24.9% margin
Net Income
$10M
23.1% margin
EPS (Diluted)
$0.55
QoQ Revenue Growth
+12.2%
Cash Flow
Operating Cash Flow
$13M
Free Cash Flow
-$13M
Stock-Based Comp.
$1M
Balance Sheet
Total Assets
$1.1B
Total Liabilities
$714M
Stockholders' Equity
$414M
Cash & Equivalents
$4M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$43M
$40M
+7.9%
Gross Profit
$22M
$20M
+7.3%
Operating Income
$11M
$10M
+5.8%
Net Income
$10M
$9M
+11.6%
← FY 2023
All Quarters
Q3 2023 →