Quarterly ResultAug 10, 2026, 04:32 PM
Consolidated Water Q2 EPS $0.24, Revenue Down 2%
AI Summary
Consolidated Water Co. Ltd. reported a 2% decrease in Q2 2026 total revenue to $32.9 million, with diluted EPS falling to $0.24 from $0.32 year-over-year. While manufacturing revenue declined significantly, bulk revenue saw a 20% increase, and services revenue grew slightly. The company secured a 25-year exclusive water concession in Grand Cayman and received a limited notice to proceed for a $204 million Hawaii desalination project, alongside $10.1 million in new Florida municipal orders, indicating a strong future project pipeline.
Key Highlights
- Q2 diluted EPS $0.24, down from $0.32 in prior-year period.
- Q2 total revenue decreased 2% to $32.9 million.
- Bulk revenue increased 20% to $9.9 million.
- Manufacturing revenue decreased 49% to $2.7 million.
- Awarded 25-year exclusive water concession for Seven Mile Beach and West Bay, Grand Cayman.
- Received limited notice to proceed for $204 million Hawaii desalination project.
- Secured $10.1 million in municipal water treatment equipment orders in Florida.
- Cash and cash equivalents increased to $132.6 million as of June 30, 2026.
Price Impact
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