MSEX Q3 2017 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q3 2017 Earnings

Utilities Regulated Water

Income Statement

Revenue

$36M-4.3% YoY

Gross Profit

$20M55.3% margin

Operating Income

$13M34.8% margin

Net Income

$8M21.1% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+9.6%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$6M

Stock-Based Comp.

$236,000

Balance Sheet

Total Assets

$652M

Total Liabilities

$422M

Stockholders' Equity

$229M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$38M	-4.3%
Gross Profit	$20M	$21M	-5.7%
Operating Income	$13M	$14M	-11.0%
Net Income	$8M	$9M	-13.3%

Revenue Segments

Regulated

$32M89%

Non - Regulated

$4M11%