Consolidated Water Reports Q1 2019 Results; Total Revenues up 17% to $17.0 million, Net Income Increased to $6.2 million or $0.41 per Share

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Consolidated Water Co. (CWCO) Misses Q1 EPS by 2c, Revenues Beat

May 13, 2019 8:11 AM EDT

Consolidated Water Co. (NASDAQ: CWCO) reported Q1 EPS of $0.17, $0.02 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $17 million versus the consensus estimate of $16 million.

"In Q1, we realized double-digit revenue and gross profit growth, which was driven primarily by increased production activity in our manufacturing business segment,\" commented Consolidated Water CEO, Rick McTaggart. "We expect this growth in manufacturing activity, as compared to last year, to be... More