Global Water Stock Price, News & Analysis

Global Water Resources (GWRS) reported a strong Q2 2021 with revenues rising 10.7% to $10.9 million, attributed to increased consumption and service connections. Net income reached $2.0 million, up from a net loss of $0.1 million a year earlier, while Adjusted EBITDA grew 11.5% to $5.3 million. Active service connections grew 10.2% to 51,314. The company declared a monthly dividend of $0.02434 per share and has $19.3 million in cash. Positive trends in population and job growth in the Phoenix area position GWRS well for future expansion.

Global Water Resources (NASDAQ: GWRS) has declared a monthly cash dividend of $0.02434 per common share, equating to an annualized amount of $0.29208 per share. This dividend will be payable on August 31, 2021, to shareholders on record by the close of business on August 17, 2021. The company manages 16 utilities primarily in the Phoenix area, recycling nearly 1 billion gallons of water annually. Their integrated approach, known as Total Water Management (TWM), facilitates effective water cycle management and conservation.

Global Water Resources, Inc. (NASDAQ: GWRS) will hold a conference call on August 6, 2021, at 1:00 p.m. Eastern time to discuss its second-quarter financial results for the period ending June 30, 2021. The company operates 16 utilities providing water, wastewater, and recycled water services, primarily around metropolitan Phoenix. Global Water is recognized for its Total Water Management approach, recycling nearly 1 billion gallons of water annually. The conference call includes a presentation and Q&A session, available via telephone and online.

Global Water Resources (NASDAQ: GWRS) has announced a monthly cash dividend of $0.02434 per common share, totaling $0.29208 annually. This dividend will be payable on July 30, 2021, to shareholders of record by the close of business on July 16, 2021. The company, operating 16 utilities predominantly in the Phoenix area, emphasizes Total Water Management to enhance water conservation and utilization, recycling nearly 1 billion gallons of water annually.

Global Water Resources (NASDAQ: GWRS) has declared a monthly cash dividend of $0.02434 per common share, totaling $0.29208 annually. This dividend is payable on June 30, 2021 to shareholders recorded by June 16, 2021. The company operates 16 utilities in metropolitan Phoenix, providing water, wastewater, and recycled water services, recycling nearly 1 billion gallons of water annually. Global Water is recognized for its Total Water Management (TWM) approach, promoting smart water management and conservation in water-scarce areas.

Global Water Resources Inc. (NASDAQ: GWRS) announced the election results for its 2021 Annual Meeting of Stockholders. All nominated Directors were elected, with Ron L. Fleming receiving 95.29% of votes cast. The appointment of Deloitte & Touche LLP as the independent auditor for the fiscal year 2021 was ratified with 99.84% support. A total of 19,197,507 shares were voted out of 22,587,996 eligible shares. The company operates 16 utilities mainly around Phoenix and is noted for its Total Water Management approach, recycling nearly 1 billion gallons of water annually.

Global Water Resources (GWRS) reported a 12.5% revenue increase to $9.3 million for Q1 2021, driven by organic growth in service connections and rate increases. Active service connections rose by 8.5% to 50,162. The company declared monthly dividends amounting to $0.29208 annually. However, operating expenses surged by 27.7% to $8.2 million, leading to a net loss of $0.2 million. Cash reserves stood at $18.2 million, with a strong balance sheet supporting future growth initiatives, including acquisitions and infrastructure investments.

Global Water Resources, Inc. (NASDAQ: GWRS) has declared a monthly cash dividend of $0.02434 per common share, totaling $0.29208 annually. The dividend will be payable on May 28, 2021 to shareholders of record on May 14, 2021. The company operates 16 utilities in the Phoenix area, focusing on water resource management, including recycling nearly 1 billion gallons of water annually. Recognized for its Total Water Management approach, Global Water aims to maximize recycled water use while supporting conservation efforts.

Global Water Resources (NASDAQ: GWRS) will hold a conference call on May 6, 2021, at 1:00 p.m. Eastern time to discuss Q1 2021 results. The financial results will be released prior to the call. The conference will be accessible via a toll-free number and a webcast, with a replay available post-call until May 20, 2021. The company operates 16 utilities in the Phoenix area, focusing on sustainable water management. Global Water recycles nearly 1 billion gallons of water annually and employs Total Water Management strategies to optimize resource use.