Artesian Resources Q2 FY26 diluted EPS rises 4.9% to $0.64; revenue increases 7.4% to $30.7 million
Reuters2026/08/06 20:36- Artesian Resources posts Q2 net income of USD 6.6 million, up 4.5%, with diluted EPS rising 4.9% to USD 0.64.
- Revenue climbs 7.4% to USD 30.7 million, driven by higher water sales on temporary Delaware rate increases and customer growth.
- Six-month net income increases 6.7% to USD 12.5 million, lifting diluted EPS 6.1% to USD 1.21.
- First-half revenue rises 7.4% to USD 58.4 million; the customer base expands, including a 6.6% increase in wastewater customers over 12 months.
- Capital spending totals USD 25.9 million in the first half, targeting water and wastewater infrastructure, including PFAS treatment upgrades and new wastewater plants.
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