MSEX Q4 2018 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$940M

Q4 2018 Earnings

Utilities Regulated Water

Income Statement

Revenue

$33M+5.8% YoY

Gross Profit

$14M43.5% margin

Operating Income

$7M21.5% margin

Net Income

$7M21.0% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

-14.1%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

-$10M

Stock-Based Comp.

$327,000

Balance Sheet

Total Assets

$768M

Total Liabilities

$517M

Stockholders' Equity

$251M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$31M	+5.8%
Gross Profit	$14M	$15M	-5.7%
Operating Income	$7M	$8M	-15.6%
Net Income	$7M	$5M	+30.8%

Revenue Segments

Regulated

$29M87%

Non - Regulated

$4M13%