MSEX Q3 2020 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q3 2020 Earnings

Utilities Regulated Water

Income Statement

Revenue

$40M+5.7% YoY

Gross Profit

$22M55.0% margin

Operating Income

$13M33.0% margin

Net Income

$13M31.9% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

+13.2%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$9M

Stock-Based Comp.

$188,000

Balance Sheet

Total Assets

$960M

Total Liabilities

$616M

Stockholders' Equity

$344M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$38M	+5.7%
Gross Profit	$22M	$20M	+9.3%
Operating Income	$13M	$12M	+10.0%
Net Income	$13M	$11M	+14.6%

Revenue Segments

Regulated

$37M92%

Non - Regulated

$3M8%