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Consolidated Water - CWCO STOCK NEWS

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.

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Consolidated Water Co. Ltd. (CWCO) is set to hold a conference call on November 16, 2021, at 11:00 a.m. Eastern time to discuss financial results for Q3 2021. The results will be released before the call. Participants can join via toll-free and international numbers. A replay will be available after the call and can also be accessed on the company's website until November 23, 2021. Consolidated Water develops and operates advanced water supply and treatment plants, serving markets including the Cayman Islands and the U.S.

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Consolidated Water Co. Ltd. (CWCO) will present at the Janney Water Utilities Conference on September 14, 2021. CEO Rick McTaggart and CFO David Sasnett will hold one-on-one meetings with institutional analysts and investors to discuss the company's recent second quarter 2021 results and future growth opportunities. The subsidiary, PERC Water, has shown significant performance, especially in California and Arizona, focusing on cost-effective wastewater treatment solutions amid regional drought challenges.

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Consolidated Water Co. Ltd. (CWCO) has declared a quarterly cash dividend of $0.085 per share, set to be paid on October 29, 2021. Shareholders of record must hold shares by the close of business on October 1, 2021. The company, which operates advanced water supply and treatment plants across the Cayman Islands, The Bahamas, British Virgin Islands, and the U.S., continues to strengthen its position in the water industry.

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Consolidated Water reported a revenue decline of 13% in Q2 2021, totaling $16.7 million, driven by lower retail and manufacturing revenues. Retail revenue decreased by 5% to $5.7 million, while manufacturing plunged 85% due to a major customer's reduced orders. Conversely, bulk and services revenues rose, with bulk revenue increasing by 14.4% to $6.7 million. The company experienced a net loss of $1.5 million in Q2, compared to a net income of $2.6 million a year prior. As of June 30, 2021, cash reserves stood at $41.2 million, with a positive outlook for growth in the second half.

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Consolidated Water Co. Ltd. (CWCO) announced a conference call on August 17, 2021, at 11:00 a.m. ET to discuss its financial results for the quarter ending June 30, 2021. Details of the call will be shared in a press release prior to the event. Participants can join using toll-free and international dial-in numbers. A replay will be available shortly after the call, lasting until August 24, 2021. Consolidated Water develops and operates water treatment and supply facilities in several regions, including the Caribbean and the U.S.

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Consolidated Water Co. Ltd. (CWCO) has declared a quarterly cash dividend of $0.085 per share, payable on July 30, 2021, to shareholders on record by July 1, 2021. The company operates advanced water supply and treatment plants across the Cayman Islands, The Bahamas, British Virgin Islands, and the United States, focusing on water production, supply, and wastewater treatment.

This dividend reflects the company's confidence in its financial health and commitment to returning value to shareholders.

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Consolidated Water Co. Ltd. (CWCO) reported Q1 2021 results showing a total revenue of $17.1 million, down 17.5% from $20.7 million in Q1 2020. Services revenue increased by 13.7% to $3.5 million, accounting for 21% of consolidated revenue. Net income attributable to shareholders dropped 65.8% to $989,000, or $0.06 per share. Cash and cash equivalents stood at $42.8 million. The company expects future growth in its services segment, particularly from PERC Water contracts, amid ongoing challenges from declining retail revenue due to the pandemic.

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Consolidated Water Co. Ltd. (CWCO) will hold a conference call on May 18, 2021, at 11:00 a.m. Eastern time to discuss its quarterly results ending March 31, 2021. A press release with the financial results will precede the call. Interested parties can join by dialing the toll-free number 1-844-875-6913 or the international number 1-412-317-6709, using Conference ID: 10155785. A replay of the call will be available after 1:00 p.m. on the same day via their website, www.cwco.com.

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Consolidated Water Co. Ltd. (CWCO) reported a 6% revenue increase to a record $72.6 million for the year ended December 31, 2020. The services segment rose to $12.9 million due to the acquisition of a 51% interest in PERC Water. Net income attributable to stockholders fell 20.9% to $8.6 million or $0.56 per diluted share. Cash and equivalents stood at $43.8 million. The company also announced plans for continued expansion in Florida and potential acquisitions, while addressing challenges in its retail and bulk segments.

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Consolidated Water Co. Ltd. (CWCO) will host a conference call on April 1, 2021, at 11:00 a.m. Eastern time to discuss its financial results for the year ending December 31, 2020. The call will include a Q&A session following the management's presentation. Interested parties can join via toll-free (1-844-875-6913) or international (1-412-317-6709) numbers. A replay will be available post-call through April 8, 2021. Consolidated Water specializes in developing and operating advanced water supply and treatment facilities across various regions, including the Cayman Islands and the United States.

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Nasdaq:CWCO

CWCO Rankings

CWCO Stock Data

385.66M
14.92M
5.48%
62.51%
3.85%
Utilities - Regulated Water
Water Supply
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Cayman Islands
GRAND CAYMAN