Welcome to our dedicated page for Consolidated Water news (Ticker: CWCO), a resource for investors and traders seeking the latest updates and insights on Consolidated Water stock.
Consolidated Water Co. Ltd. (CWCO) specializes in advanced desalination and water infrastructure solutions for regions facing water scarcity. This page serves as the definitive source for official news and developments from the global leader in reverse osmosis technology.
Investors and industry stakeholders will find timely updates on quarterly earnings, government contract awards, and engineering project milestones. Our curated feed includes announcements about new desalination plant operations, manufacturing innovations, and strategic expansions across the Caribbean and Southeast Asia.
All content is sourced directly from company filings and verified channels, providing reliable insights into CWCO's retail water operations, bulk supply agreements, and infrastructure management services. Bookmark this page to monitor how the company addresses critical water challenges through sustainable technology and decades of operational expertise.
Consolidated Water (NASDAQ: CWCO) reported its full year 2024 results with total revenue declining 26% to $134 million, primarily due to the completion of two large construction projects in June 2024. Net income from continuing operations was $17.9 million ($1.12 per diluted share), compared to $30.7 million ($1.93 per diluted share) in 2023.
Key segment performance:
- Retail revenue increased 5% to $31.7 million with record water sales volume
- Bulk revenue decreased 3% to $33.7 million
- Manufacturing revenue grew 1% to $17.6 million
- Services revenue declined 48% to $51 million
- O&M recurring revenue increased 51% to $29.3 million
The company maintained a strong financial position with $99.4 million in cash and working capital of $132.8 million. The $204 million Hawaii desalination plant project continues to progress, with construction expected to begin early next year. In August 2024, CWCO increased its quarterly dividend by 15.8% to $0.11 per share.
Consolidated Water (NASDAQ: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, has scheduled its 2024 full-year results investor conference call for Tuesday, March 18, 2025, at 11:00 a.m. Eastern time.
The company will release its financial results for the year ended December 31, 2024, via press release before the call. Management will host the event, which will include a question-and-answer session.
Call Details:
- Date: March 18, 2025
- Time: 11:00 a.m. ET (8:00 a.m. PT)
- Toll-free: 1-844-875-6913
- International: 1-412-317-6709
- Conference ID: 1237348
A replay will be available after 1:00 p.m. ET through March 25, 2025, via phone and the Investors section at www.cwco.com.
Consolidated Water (NASDAQ: CWCO) announces its participation in the 37th Annual ROTH Conference at The Laguna Cliffs Marriott in Dana Point, California, March 16-18, 2025. CEO Rick McTaggart and EVP/COO Ramjeet Jerrybandan will conduct one-on-one meetings with analysts and investors on March 17-18.
The executives will discuss:
- Operating results across four business segments
- Cayman Islands water utility operations
- Caribbean-based seawater desalination plants
- U.S.-based manufacturing and services businesses
The conference, which historically attracts over 5,000 participants including institutional investors, family offices, high-net-worth investors, and equity analysts, will feature on-demand presentations, meetings, industry panels, and fireside chats. The company recently increased its quarterly cash dividend by 15.8% to $0.11 per share in Q4 2024.
Consolidated Water (NASDAQ: CWCO), a designer, builder and operator of advanced water supply and treatment plants, has announced its quarterly dividend for Q2 2025. The company's board of directors has approved a cash dividend of $0.11 per share, which will be paid on April 30, 2025 to shareholders of record as of April 1, 2025.
Consolidated Water's subsidiary, Cayman Water Company, has secured a new concession from the Cayman Islands government, maintaining exclusive rights to produce and supply potable water in its Grand Cayman service area. The company operates three seawater reverse osmosis desalination plants producing 4 million gallons per day of potable water and has reported increased retail water sales due to business and population growth.
Following Cayman Islands' 2018 regulatory framework changes, Cayman Water must first obtain a concession before securing an operating license. The company will now begin negotiations with OfReg, the utility regulator, for a new license expected to involve restructured operating terms. The existing 1990 license remains active until the new one is issued.
Consolidated Water (NASDAQ: CWCO), a designer, builder and operator of advanced water supply and treatment plants, has announced a quarterly cash dividend of $0.11 per share for the first quarter of 2025. The dividend will be paid on January 31, 2025 to shareholders of record as of January 2, 2025.
Consolidated Water (NASDAQ: CWCO) reported Q3 2024 results with total revenue declining 33% to $33.4 million, primarily due to the completion of two large construction projects earlier in the year. Net income from continuing operations was $5.0 million or $0.31 per diluted share, compared to $8.8 million or $0.55 per share in Q3 2023. Retail revenue increased 5% to $7.6 million, while bulk revenue grew 3% to $8.8 million. The company's $147 million Hawaii desalination plant project continues to progress. Cash and cash equivalents stood at $104.9 million with working capital of $133.9 million as of September 30, 2024.
Consolidated Water (NASDAQ: CWCO), a designer, builder and operator of advanced water supply and treatment plants, has scheduled its Third Quarter 2024 earnings conference call for Friday, November 15, 2024, at 11:00 a.m. ET. The company will release its financial results for the quarter ended September 30, 2024, before the call. Management will host the call followed by a Q&A session. A replay will be available until November 22, 2024, through both toll-free and international numbers, as well as via the company's website.
Consolidated Water Co. (NASDAQ: CWCO), a leading designer, builder, and operator of advanced water supply and treatment plants, will participate in the Janney Virtual Water Utilities Conference on September 19, 2024. CEO Rick McTaggart and CFO David Sasnett will engage in one-on-one virtual meetings with institutional analysts and investors, discussing recent financial results, current projects, and growth opportunities.
The company recently announced a 15.8% increase in its quarterly cash dividend to $0.11 per share for the fourth quarter of 2024. Interested parties can schedule meetings through their Janney representative or contact CMA for company-related inquiries.
Consolidated Water Co. (NASDAQ: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, has increased its quarterly cash dividend by 15.8% to $0.11 per share for the fourth quarter of 2024. The dividend is payable on October 31, 2024 to shareholders of record as of October 1, 2024. CEO Rick McTaggart attributed the increase to improved sales from Caribbean-based businesses and the resolution of the Mexico arbitration, resulting in increased cash flow. The company recently reported Q2 2024 revenue of $32.5 million and earnings per share of $0.99. This dividend increase reflects the company's strong positive outlook and commitment to shareholder value.
