MSEX Q4 2017 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q4 2017 Earnings

Utilities Regulated Water

Income Statement

Revenue

$31M-1.1% YoY

Gross Profit

$15M48.8% margin

Operating Income

$8M26.9% margin

Net Income

$5M17.0% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

-13.0%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

-$937,000

Stock-Based Comp.

$167,000

Balance Sheet

Total Assets

$661M

Total Liabilities

$430M

Stockholders' Equity

$232M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$32M	-1.1%
Gross Profit	$15M	$14M	+6.0%
Operating Income	$8M	$8M	+8.0%
Net Income	$5M	$3M	+66.0%

Revenue Segments

Regulated

$27M87%

Non - Regulated

$4M13%