Middlesex Water (MSEX) Reports Q4 EPS of $0.28

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Go back to Middlesex Water (MSEX) Reports Q4 EPS of $0.28

Middlesex Water Company Reports Fourth Quarter and Full Year 2015 Results

March 4, 2016 1:42 PM EST

ISELIN, N.J., March 04, 2016 (GLOBE NEWSWIRE) -- Middlesex Water Company (Middlesex or the Company) (NASDAQ: MSEX) today reported financial results for the year ended December 31, 2015.

Results for full year 2015 include:

Revenue growth of 7.6% to $126.0 millionNet Income of $20.0 million, up 8.6%.Basic and Diluted Earnings per share up $ 0.09 or 7.9%

2015 Operating ResultsConsolidated operating revenues increased to $126.0 million for the year ended December 31, 2015, up from $117.1 million in 2014.  The $8.9 million increase... More