MSEX Q3 2019 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q3 2019 Earnings

Utilities Regulated Water

Income Statement

Revenue

$38M-2.4% YoY

Gross Profit

$20M53.2% margin

Operating Income

$12M31.7% margin

Net Income

$11M29.4% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+13.1%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

-$14M

Stock-Based Comp.

-$294,000

Balance Sheet

Total Assets

$887M

Total Liabilities

$609M

Stockholders' Equity

$278M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$39M	-2.4%
Gross Profit	$20M	$21M	-2.4%
Operating Income	$12M	$13M	-7.2%
Net Income	$11M	$12M	-9.5%

Revenue Segments

Regulated

$35M92%

Non - Regulated

$3M8%