Business Wire

ALEXANDRIA, Va.--(BUSINESS WIRE)-- Virginia American Water announced that interim water and wastewater rates have been implemented today for customers throughout the state as outlined in the company’s general rate application filed with the State Corporation Commission (SCC) on November 1, 2023.

In the filing, Virginia American Water requested an overall increase in rates of $19.7 million driven by $110 million in infrastructure investments from May 2023 through... (continue reading...)

— First quarter net income of $152 million, or $0.98 per diluted share —

— Return on equity of 13.8% and adjusted net operating return on equity of 14.5% —

— Default rate declines to 2.1% with highest quarterly cure rate in more than 20 years —

— Primary mortgage insurance in force growth of 4% year-over-year to an all-time high of $271 billion —

— Total revenue growth of 3% year-over-year to $319 million —

— Book value per share growth... (continue reading...)

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Tennessee American Water filed today a petition with the Tennessee Public Utility Commission (TPUC) for approval to adjust rates, reflecting $173 million in water system investments made by the company since its last general rate increase in 2012 through December 2025, to continue providing clean, safe, and reliable service. The request reinforces the company’s commitment to investing in its water system to replace aging... (continue reading...)

VALLEY FORGE, Pa.--(BUSINESS WIRE)-- The Board of Directors of UGI Corporation (NYSE: UGI) has declared a quarterly dividend of $0.375 per share of the Company’s common stock. The dividend is payable July 1, 2024, to shareholders of record as of June 14, 2024. UGI has paid common dividends for 140 consecutive years.

UGI’s Board of Directors also declared a quarterly dividend of 0.125% per annum, payable in cash, on the Company’s convertible preferred stock.... (continue reading...)

Revenue of $108M, Record End of Quarter ARR of $110M

Cash Flow From Operations was $13 Million

MINNEAPOLIS--(BUSINESS WIRE)-- Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its second fiscal quarter ended March 31, 2024.

Second Fiscal Quarter 2024 Results Compared to Second Fiscal Quarter 2023 Results

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