Artesian Resources: Q1 Earnings Snapshot

May 3, 2022 GMT

NEWARK, Del. (AP) _ Artesian Resources Corp. (ARTNA) on Tuesday reported first-quarter net income of $4.5 million.

On a per-share basis, the Newark, Delaware-based company said it had net income of 47 cents.

The water resource management company posted revenue of $22.2 million in the period.

Artesian Resources shares have decreased roughly 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $45.58, an increase of 11% in the last 12 months.

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