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Global Water Resources Inc - GWRS STOCK NEWS

Welcome to our dedicated news page for Global Water Resources (Ticker: GWRS), a resource for investors and traders seeking the latest updates and insights on Global Water Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Global Water Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Global Water Resources's position in the market.

Rhea-AI Summary
Global Water Resources, Inc. (NASDAQ: GWRS) has scheduled a conference call for Thursday, May 9, 2024, at 1:00 p.m. ET to discuss its first-quarter financial results. The call will be hosted by Global Water Resources management and will include a question-and-answer session. Investors can access the webcast via the company's website. Details for joining the call and accessing the replay are provided in the press release.
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Global Water Resources, Inc. (GWRS) announces a monthly cash dividend of $0.02508 per common share, with an annualized dividend rate of $0.30096 per share, payable on April 30, 2024.
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-0.31%
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Rhea-AI Summary
Global Water Resources, Inc. (GWRS) reported strong financial results for Q4 and full year 2023, with total revenue increasing by 11.4% to $12.4 million and 18.6% to $53.0 million, respectively. Net income rose by 38.5% to $1.1 million in Q4 and 45.0% to $8.0 million for the full year. Adjusted EBITDA increased by 5.9% to $5.8 million in Q4 and 10.8% to $25.3 million for the full year. The company's active service connections grew by 9.8% to 61,791, and water consumption increased by 19.4% in Q4. GWRS invested $3.7 million in infrastructure projects in Q4 and $22.3 million for the full year. Additionally, GWRS entered into a note purchase agreement for $20 million of Senior Secured Notes and settled a rate case application with the Arizona Corporation Commission. The company aims for continued growth through organic and acquisitive opportunities.
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Global Water Resources, Inc. (GWRS) announces a monthly cash dividend of $0.02508 per common share, totaling an annualized rate of $0.30096 per share, payable on March 28, 2024.
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Global Water Resources, Inc. (NASDAQ: GWRS) to present at the 36th Annual ROTH Conference. CFO Mike Liebman will discuss market leadership, M&A program, revenue growth, and dividend support.
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Rhea-AI Summary
Global Water Resources, Inc. (NASDAQ: GWRS) will host a conference call on March 7, 2024, to discuss financial results for Q4 and full year 2023. The call will be followed by a Q&A session. Investors can access the webcast via the company's website. Replay will be available until March 21, 2024.
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Rhea-AI Summary
Global Water Resources, Inc. (GWRS) has announced a monthly cash dividend of $0.02508 per common share, with an annualized dividend rate of $0.30096 per share. The dividend will be payable on February 29, 2024, to holders of record at the close of business on February 15, 2024.
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Rhea-AI Summary
Global Water Resources, Inc. (NASDAQ: GWRS) declares a monthly cash dividend of $0.02508 per common share, with an annualized dividend rate of $0.30096 per share.
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Rhea-AI Summary
Global Water Resources, Inc. (GWRS) has been invited to present at the ROTH 12th Annual Deer Valley Event to discuss their 13% increase in regulated revenues to $37.9 million and net income to $6.8 million in the first nine months of 2023. They will also talk about their market leadership in utility consolidation, automation, and water resource management, as well as their active M&A program expanding their portfolio of utilities in major metro growth corridors around Phoenix and Tucson, Arizona.
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Rhea-AI Summary
Global Water Resources, Inc. (NASDAQ: GWRS) has increased its dividend by 1% and declared an increased monthly cash dividend of $0.02508 per common share, representing a new annualized dividend rate of $0.30096 per share. The company reported a 22% increase in revenue to $14.5 million in the third quarter of 2023, driving an increase of EPS to $0.11.
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Global Water Resources Inc

Nasdaq:GWRS

GWRS Rankings

GWRS Stock Data

294.95M
11.35M
52.52%
30.94%
0.38%
Water Supply and Irrigation Systems
Utilities
Link
United States
Phoenix

About GWRS

global water resources, inc. is a water resource management company that owns, operates and manages water, wastewater and recycled water utilities in strategically located communities, principally in metropolitan phoenix, arizona. we seek to deploy our integrated approach, which we refer to as “total water management,” a term we use to mean managing the entire water cycle by owning and operating the water, wastewater and recycled water utilities within the same geographic areas in order to both conserve water and maximize its total economic and social value. we use total water management to promote sustainable communities in areas where we expect growth to outpace the existing potable water supply. our model focuses on the broad issues of water supply and scarcity and applies principles of water conservation through water reclamation and reuse. our basic premise is that the world’s water supply is limited and yet can be stretched significantly through effective planning, the use of rec