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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 3 sources · 3 days · First seen · Last updated
Water utility companies Q2 2026 financial performance
Overview
In the second quarter of 2026, various water utility companies reported financial results and operational developments.
Consolidated Water Co. Ltd. reported earnings per share of $0.25, surpassing estimates of $0.22, despite a 2% decrease in total revenue to $32.9 million. The company noted a 20% increase in bulk revenue, supported by energy-related revenue in the Bahamas and new desalination plants on Cat Island. Additionally, the company secured a 25-year exclusive water production and supply concession in Grand Cayman.
Global Water Resources reported a 24.8% year-over-year revenue increase, totaling $17.8 million. This growth was attributed to unregulated revenue from infrastructure agreements, the previous acquisition of water systems from Tucson Water, and increased consumption and rates. Net income for the company rose to $2.7 million, up from $1.6 million in the prior year.
Entities
The Bahamas · Sachin Chawla · Global Water Resources, Inc. · Consolidated Water Co. Ltd. · Tucson Water
Timeline
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about 1 month ago
[BUSINESS] 2 sourcesGlobal Water Resources reports 24.8% revenue growth in Q2 2026Global Water Resources reported Q2 2026 revenue of $17.8 million, a 24.8% increase, driven by acquisitions and infrastructure agreements. Net income rose to $2.7 million.
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about 1 month ago
[BUSINESS] 2 sourcesConsolidated Water reports Q2 2026 earnings beating estimatesConsolidated Water reported Q2 2026 EPS of $0.25, beating estimates. Revenue fell 2% to $32.9 million despite growth in Bahamas desalination operations and new concessions in Grand Cayman.
Sources
stichtingverslaving.nl · stocknews.com · stocktitan.net
This summary has been updated 1 time: see revision history