Welcome to our dedicated page for Global Water news (Ticker: GWRS), a resource for investors and traders seeking the latest updates and insights on Global Water stock.
Global Water Resources, Inc. operates as a pure-play water resource management company providing regulated water, wastewater and recycled water service in Arizona. Its service areas are concentrated primarily in growth corridors around metropolitan Phoenix and Tucson, where utility revenue is tied to tariff rates, customer connections, consumption and infrastructure investment.
Recurring GWRS news covers monthly dividend declarations, quarterly and annual financial results, conference-call updates, Arizona Corporation Commission rate proceedings and capital actions supporting utility operations. Company updates also address utility consolidation, acquired water systems, recycled water practices, automation and the performance of regulated subsidiaries such as Global Water – Santa Cruz Water Company and Global Water – Palo Verde Utilities Company.
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Global Water Resources, Inc. (NASDAQ: GWRS) has announced a conference call scheduled for May 3, 2023, at 1:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2023. Investors can join via a toll-free number or an international dial-in number, with a replay available until May 17, 2023. Global Water operates 29 systems that provide essential water and wastewater services, recycling over 1 billion gallons of water annually. Recognized as a 'Utility of the Future Today', the company emphasizes an integrated approach called Total Water Management (TWM) to enhance water conservation and manage resources effectively in population-growth areas around Phoenix. The company's initiatives have garnered several industry awards, reflecting its commitment to advanced water management practices.
Global Water Resources, Inc. (NASDAQ: GWRS) has announced a monthly cash dividend of $0.02483 per common share, totaling an annualized amount of $0.29791 per share. This dividend is payable on April 28, 2023, to shareholders on record as of April 14, 2023. The company operates 29 water, wastewater, and recycled water systems primarily in metropolitan Phoenix, recycling over 1 billion gallons of water annually. It has received accolades for its Total Water Management approach, which integrates various utilities to enhance water conservation, particularly in growing, water-scarce areas.
Global Water Resources, Inc. (NASDAQ: GWRS) reported strong financial results for Q4 and the full year of 2022. Q4 revenues rose 7.7% to $11.1 million, while full-year revenues increased 8.6% to $44.7 million. Net income for Q4 surged 138% to $824,000 and for the full year by 53% to $5.5 million. The company’s active service connections grew 4.4% to 56,270, driven by organic growth and acquisitions. Significant operational achievements include a $8.7 million capital investment and the closing of the Farmers Water acquisition, adding 3,300 connections. Global Water continues to focus on utility consolidation and sustainable service improvements.
Global Water Resources, Inc. (NASDAQ: GWRS) will present at the 35th Annual ROTH Conference in Dana Point, California, from March 12-14, 2023. The event will feature on-demand presentations, in-person meetings, and thematic panels. CFO Mike Liebman and COO Chris Krygier will meet with analysts and investors to discuss the company’s leadership in utility consolidation, automation, and water resource management, along with its active M&A program in major metro areas around Phoenix and Tucson, Arizona. Global Water is noted for its innovative Total Water Management practices, recycling over 1 billion gallons of water annually, and has received multiple industry awards for its water reuse initiatives.
Global Water Resources, Inc. (NASDAQ: GWRS) has announced a monthly cash dividend of $0.02483 per share, amounting to an annualized total of $0.29791. The dividend will be payable on March 31, 2023, to shareholders on record as of March 17, 2023. The company operates 29 systems providing water, wastewater, and recycled water services in metropolitan Phoenix, recycling over 1 billion gallons of water annually. Notably, Global Water is recognized for its Total Water Management approach and has received several awards for its water reuse practices and public asset management strategies.
Global Water Resources, Inc. (NASDAQ: GWRS) announced a conference call scheduled for March 9, 2023, at 1:00 p.m. Eastern time to discuss its financial results for Q4 and the full year ending December 31, 2022. The financial results will be shared in a press release prior to the call. The call will include a presentation by management, followed by a Q&A session. Global Water operates 29 systems providing water and wastewater services, recycling over 1 billion gallons of water annually. The company is recognized for its innovative Total Water Management approach, leading to effective water conservation practices in growing urban areas.