MSEX Q3 2021 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q3 2021 Earnings

Utilities Regulated Water

Income Statement

Revenue

$40M-0.1% YoY

Gross Profit

$21M52.5% margin

Operating Income

$11M28.7% margin

Net Income

$11M28.8% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

-$11M

Stock-Based Comp.

$273,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$665M

Stockholders' Equity

$364M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$40M	$40M	-0.1%
Gross Profit	$21M	$22M	-4.8%
Operating Income	$11M	$13M	-13.3%
Net Income	$11M	$13M	-9.9%

Revenue Segments

Regulated

$37M93%

Non - Regulated

$3M7%