Middlesex Water Announces Third Quarter 2024 Financial Results
1. Middlesex Water's diluted EPS rose 42.9% to $0.80. 2. Revenues climbed $8.4 million, attributed to increased customer demand and rate hikes. 3. The company announced a 4.62% dividend increase, its 52nd consecutive year. 4. Operational costs rose due to legal, labor, and energy expenses. 5. Net income increased by $4.3 million, showing strong quarterly financial performance.