AP NEWS
ADVERTISEMENT

Consolidated Water: 1Q Earnings Snapshot

May 15, 2020 GMT

GRAND CAYMAN, Cayman Islands (AP) _ Consolidated Water Co. (CWCO) on Friday reported first-quarter net income of $2.9 million.

The Grand Cayman, Cayman Islands-based company said it had net income of 19 cents per share.

The developer and operator of desalination plants posted revenue of $20.7 million in the period.

Consolidated Water shares have fallen 17% since the beginning of the year. In the final minutes of trading on Friday, shares hit $13.45, a decrease of 4% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWCO at https://www.zacks.com/ap/CWCO