- Global Water Resources press release (NASDAQ:GWRS): Q1 GAAP EPS of $0.03 misses by $0.01.
- Revenue of $11.6M (-11.7% Y/Y) beats by $0.1M.
- Adjusted EBITDA increased $0.2 million or 4.5% to $5.4 million.
- Total active service connections increased 4.4% to 62,451 at March 31, 2024. The increase is primarily the result of organic connection growth in the company’s service areas.
- Water consumption increased 6.8% to 0.67 billion gallons.
- Invested $5.8 million in infrastructure projects to support existing utilities and continued growth.
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