Welcome to our dedicated page for Consolidated Water news (Ticker: CWCO), a resource for investors and traders seeking the latest updates and insights on Consolidated Water stock.
Consolidated Water Co. Ltd. (CWCO) is a NASDAQ Global Select Market utilities company that develops and operates advanced water supply and treatment plants and water distribution systems. News about CWCO often centers on its seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, as well as its water treatment and reuse projects in the United States.
Investors following Consolidated Water’s news can track updates on its multi‑segment operations, including retail water utility activities in Grand Cayman, bulk potable water supply to government utilities, services for designing and constructing water infrastructure, and manufacturing of specialized water-related products. Company announcements discuss contract awards for drinking water plant expansions, wastewater recycling plants and other treatment facilities, along with progress on major projects such as the Hawaii desalination plant.
Regular press releases also cover quarterly and year‑to‑date financial results, segment performance, and developments in operations and maintenance (O&M) contracts. Corporate governance updates, such as the appointment of new independent directors with water infrastructure and finance experience, appear in CWCO news alongside disclosures about dividend declarations and changes in the quarterly cash dividend per share.
This news page aggregates these company-issued updates so readers can review earnings releases, project milestones, contract wins, board changes and dividend announcements related to Consolidated Water Co. Ltd. and its CWCO stock. For investors and observers of the water utilities and treatment sector, the CWCO news flow provides insight into how the company’s desalination, water treatment, reuse and manufacturing activities are developing over time.
Consolidated Water Co. Ltd. (NASDAQ: CWCO) will host a conference call on November 15, 2022, at 11:00 a.m. Eastern to discuss third-quarter results ended September 30, 2022. A press release with financial details will be issued prior to the call, which will include a question-and-answer session. Participants can join via a toll-free dial-in number or the international number provided. A replay will be accessible post-call until November 22, 2022. The company specializes in advanced water supply and treatment solutions across several regions.
Consolidated Water Co. Ltd. (CWCO) has secured a contract extension valued at $49.2 million to operate and maintain two advanced water treatment facilities in Southern California, beginning in 2023. The contract, held by its subsidiary PERC Water Corporation, extends for 10 years with two optional 5-year extensions. The facilities include the Albert Robles Center and the Leo J. Vander Lans Facility, which purify nearly 15 million and 8 million gallons per day, respectively. This milestone is expected to bolster CWCO's growth amid ongoing drought conditions in the region.
Consolidated Water Co. Ltd. (NASDAQ: CWCO) reported no damage to its property following Hurricane Ian, which passed 95 miles from Grand Cayman. Minor coastal flooding occurred, but an "all clear" was issued by the National Emergency Operations Centre. The company anticipates no material impact on its operations due to the hurricane's projected path. Consolidated Water develops and operates water supply and treatment facilities across the Cayman Islands, Bahamas, British Virgin Islands, and the U.S.
Consolidated Water Co. Ltd. (CWCO) has announced a quarterly cash dividend of $0.085 per share, payable on October 31, 2022, to shareholders of record by the close of business on October 3, 2022. This dividend reflects the company's commitment to providing returns to its shareholders while engaging in the development and operation of advanced water supply and treatment facilities across the Cayman Islands, The Bahamas, and the British Virgin Islands, as well as in the United States.
Consolidated Water Co. Ltd. (CWCO), a leader in advanced water supply and treatment, will present at the Janney Water Utilities Conference on September 22, 2022. CFO David Sasnett will meet with institutional analysts and investors, discussing recent contract wins and growth strategies aimed at enhancing recurring revenue through new water and wastewater facility contracts.
Consolidated Water Co. Ltd. (CWCO) reported strong second-quarter results for 2022, with total revenue up 26% year-over-year to $21.1 million. Key segments saw revenue growth: retail revenue increased 15%, bulk revenue rose 26%, and services revenue grew 34%. Net income attributed to stockholders was $2.7 million, or $0.18 per share. The company announced a significant $82 million wastewater project in Arizona and a $20 million desalination plant project in the Cayman Islands, enhancing revenue prospects. Cash equivalents stood at $49.1 million, reflecting strong operational cash flow.
Consolidated Water Co. Ltd. (CWCO) will announce its second-quarter results for the period ending June 30, 2022, in a press release before a conference call scheduled for August 12, 2022, at 11:00 a.m. Eastern time. This call will include a management discussion followed by a Q&A session. Interested participants can join using the toll-free number 1-844-875-6913 or the international line 1-412-317-6709. A replay will be accessible on the company’s website after 1:00 p.m. Eastern time on the same day, lasting until August 19, 2022.
Consolidated Water Co. Ltd. (NASDAQ: CWCO) announced a quarterly cash dividend of $0.085 per share. The dividend is payable on July 29, 2022, to shareholders on record as of July 1, 2022. The company specializes in developing and operating water supply and treatment plants across regions like the Cayman Islands, The Bahamas, and the British Virgin Islands.
Founded with a focus on advanced water solutions, Consolidated Water provides comprehensive services in water production, supply, and treatment.
Consolidated Water Co. Ltd. (CWCO) announced that its subsidiary, PERC Water Corporation, signed an agreement to construct a wastewater treatment facility with a capacity of four million gallons per day for Liberty Utilities in Goodyear, Arizona. The project is valued at approximately $82 million and is expected to be completed in 26 months. The facility aims to meet the growing demand in the region and will enable additional reclaimed water usage, promoting water conservation efforts.
Consolidated Water Co. Ltd. (CWCO) reported a 14% increase in Q1 2022 revenue, totaling $19.6 million, driven by strong growth in retail, bulk, and services sectors. Net income rose to $2.3 million or $0.15 per share. Cash reserves grew to $43.1 million, with minimal debt. The company secured significant contracts, including a $20 million seawater desalination project, and benefited from a rebound in tourism as COVID-19 restrictions eased. Despite challenges in the manufacturing segment due to global supply issues, the overall outlook remains optimistic, bolstered by a solid financial position.