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Artesian Resources reports 9.2% net income rise and invests $13.1M in water infrastructure Q1 2026

Company Fundamentals
05 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Artesian Resources Corporation announced a 9.2% increase in net income to $5.9 million for Q1 2026, driven by higher water sales and customer growth. Revenues rose 7.3% to $27.8 million, supported by temporary rate increases and expanded wastewater services. The company invested $13.1 million in water and wastewater infrastructure projects to improve service reliability and meet regulatory standards. These efforts aim to support long-term growth and operational resilience on the Delmarva Peninsula.

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Shipping traffic through Strait of Hormuz may take weeks to normalize despite US-Iran deal

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After the US and Iran reached a deal expected to reopen the Strait of Hormuz, the world's largest tanker owner, Mitsui OSK Lines, cautions that shipping companies will wait for proof the agreement works before resuming normal traffic. The strait is c...

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YieldMax ETFs announce weekly distributions with varying rates and risks for investors.

YieldMax ETFs announce weekly distributions with varying rates and risks for investors.

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QTREX Quantum's AME technology hits 97% yield validation, boosting quantum computing prospects.

QTREX Quantum's AME technology hits 97% yield validation, boosting quantum computing prospects.

QTREX Quantum Ltd announced that its Additively Manufactured Electronics (AME) technology achieved a 97% yield validation at a major U.S. interconnect manufacturer. This milestone confirms the technology's readiness for high-demand production environ...

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Clean Energy expands LNG fueling systems in Puerto Rico to boost energy security for pharma and luxury sectors.

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Epson launches WorkForce Enterprise AM-C10000, a 100 ppm color printer for high-volume offices and print shops.

Epson launches WorkForce Enterprise AM-C10000, a 100 ppm color printer for high-volume offices and print shops.

Epson introduced the WorkForce Enterprise AM-C10000, a high-speed color multifunction printer capable of printing 100 ISO pages per minute, designed for busy offices and print services requiring precise color control. It supports heavy workloads with...

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