Global Water Resources Q3 2026 net income drops 42% to $1 million; Q3 2026 revenue rises 5% to $16.3 million
Bitget2026/11/03 22:38- Global Water Resources' third-quarter 2026 net income fell 42% to $1.01 million year-over-year due to higher depreciation and net interest expense.
- Revenue rose 5% year-over-year to $16.3 million, driven by connection growth, increased consumption revenue and higher rates.
- Active service connections increased year-over-year to 69,797 at September 30, while quarterly infrastructure investment totaled $6.9 million.
- The company completed a $10 million common-stock private placement and expanded revolving credit capacity to $30 million.
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