MSEX Q3 2018 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q3 2018 Earnings

Utilities Regulated Water

Income Statement

Revenue

$39M+7.0% YoY

Gross Profit

$21M53.2% margin

Operating Income

$13M33.4% margin

Net Income

$12M31.7% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

+10.9%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

-$8M

Stock-Based Comp.

$222,000

Balance Sheet

Total Assets

$753M

Total Liabilities

$505M

Stockholders' Equity

$248M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$36M	+7.0%
Gross Profit	$21M	$20M	+3.0%
Operating Income	$13M	$13M	+2.5%
Net Income	$12M	$8M	+60.8%

Revenue Segments

Regulated

$35M89%

Non - Regulated

$4M11%