Global Water Resources to Present at the Bank of America 2020 Water Conference on December 10, 2020

Rhea-AI Summary

Global Water Resources (NASDAQ: GWRS) has been invited to present at the Bank of America 2020 Water Conference on December 10, 2020. CEO Ron Fleming, SVP and CFO Mike Liebman, and Chief Strategy Officer Christopher Krygier will participate in meetings with analysts and investors. The presentation will cover third quarter results, reporting an 8.2% revenue increase to $10.8 million, driven by organic growth and higher rates. The company will also discuss its active M&A strategy, including the acquisition of four water companies in Arizona.

PHOENIX, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, has been invited to present at the Bank of America 2020 Water Conference being held virtually on Thursday, December 10, 2020.

Global Water Resources' CEO, Ron Fleming, is scheduled to participate in one-on-one meetings with institutional analysts and investors held throughout the day. He will be joined by the company’s SVP and CFO, Mike Liebman, and chief strategy officer, Christopher Krygier.

Management will provide a company overview and discuss its recently reported third quarter 2020 results. Revenues increased 8.2% to $10.8 million, driven primarily by organic growth, greater consumption and higher rates. They will also discuss the company’s active M&A program, including the recent acquisition of four water companies in Pima County, Arizona.

To schedule a one-on-one meeting with management, please contact your Bank of America representative. For any questions about the company, contact Ron Both of CMA at (949) 432-7557 or submit your request here.

About Global Water Resources
Global Water Resources, Inc. is a leading water resource management company that owns and operates 16 utilities which provide water, wastewater, and recycled water services. The company’s service areas are located primarily in growth corridors around metropolitan Phoenix. Global Water recycles nearly 1 billion gallons of water annually.

The company has been recognized for its highly-effective implementation of Total Water Management (TWM). TWM is an integrated approach to managing the entire water cycle by owning and operating water, wastewater and recycled water utilities within the same geographic area in order to maximize the beneficial use of recycled water. TWM includes additional smart water management programs such as remote metering infrastructure and other advanced technologies, rate designs, and incentives that result in real conservation. TWM helps protect water supplies in water-scarce areas experiencing population growth. To learn more, visit www.gwresources.com.

Company Contact:
Michael J. Liebman
SVP and CFO
Tel (480) 999-5104
mike.liebman@gwresources.com

Investor Relations:
Ron Both or Grant Stude
CMA Investor Relations
Tel (949) 432-7566
GWRS@cma.team

FAQ

What is the date of the Bank of America 2020 Water Conference for GWRS?

The Bank of America 2020 Water Conference for Global Water Resources is scheduled for December 10, 2020.

Who from Global Water Resources will present at the conference?

CEO Ron Fleming, SVP and CFO Mike Liebman, and Chief Strategy Officer Christopher Krygier will present at the conference.

What were the recent revenue figures reported by GWRS?

Global Water Resources reported a revenue increase of 8.2% to $10.8 million in the third quarter of 2020.

What acquisitions has GWRS made recently?

Global Water Resources recently acquired four water companies located in Pima County, Arizona.

What is Total Water Management as implemented by GWRS?

Total Water Management is an integrated approach by Global Water Resources to manage the entire water cycle, maximizing the beneficial use of recycled water.