Global Water Resources Q4 Earnings Gain Boost From New Connections: Details
Global Water Resources Q4 Earnings Gain Boost From New Connections: Details
Global Water Resources Inc (NASDAQ:GWRS) reported fourth-quarter FY23 sales growth of 11.4% year-on-year to $12.368 million, beating the analyst consensus estimate of $12.00 million.
全球水资源公司（纳斯达克股票代码：GWRS）报告称，23财年第四季度销售额同比增长11.4％，达到1236.8万美元，超过了分析师共识估计的1,200万美元。
The increase in revenue was primarily driven by an increase in new connections associated with the acquisition of Farmers Water in February 2023.
收入的增长主要是由与2023年2月收购Farmers Water相关的新连接的增加所推动的。
Operating expenses for the quarter grew 8.5% to $10.7 million. Adjusted EBITDA increased 5.9% to $5.8 million.
该季度的运营支出增长了8.5％，达到1,070万美元。调整后的息税折旧摊销前利润增长了5.9％，至580万美元。
Operating income increased 34.8% to $1.66 million, with an operating margin of 13.4%. Active service connections increased 9.8% to 61,791 as of December 31, 2023.
营业收入增长了34.8％，达到166万美元，营业利润率为13.4％。截至2023年12月31日，活跃服务连接增长了9.8％，达到61,791个。
"Our strong financial results were primarily driven by increased rates, and organic growth in connections along with the addition of new connections from the acquisition of Farmers Water," said Global Water Resources president and CEO Ron Fleming.
全球水资源总裁兼首席执行官罗恩·弗莱明表示：“我们强劲的财务业绩主要是由利率的提高和连接的有机增长以及收购Farmers Water带来的新连接所推动的。”
The company reported Adjusted EPS of $0.07 and GAAP EPS of $0.05. Analysts expected the company to report $0.04.
该公司报告调整后的每股收益为0.07美元，GAAP每股收益为0.05美元。分析师预计该公司将公布0.04美元。
The company held $4.76 million in cash and equivalents as of December 31, 2023.
截至2023年12月31日，该公司持有476万澳元的现金及等价物。
Price Action: GWRS shares closed lower by 1.21% at $13.01 on Wednesday.
价格走势：周三，GWRS股价收盘下跌1.21％，至13.01美元。