Quarterly ResultAug 10, 2026, 05:33 PM
Consolidated Water Q2 Revenue $32.9M, Net Income $3.9M, EPS $0.24
AI Summary
Consolidated Water Co. Ltd. reported a 2% decrease in total revenue to $32.9 million for the second quarter ended June 30, 2026. Net income attributable to company stockholders was $3.9 million, or $0.24 per diluted share, down from $5.1 million or $0.32 per diluted share in Q2 2025. While manufacturing revenue declined significantly, bulk revenue saw a 20% increase, and the company secured a 25-year water concession and new municipal equipment orders, indicating future growth potential.
Key Highlights
- Total revenue decreased 2% to $32.9 million in Q2 2026.
- Net income attributable to stockholders was $3.9 million, or $0.24 per diluted share.
- Bulk revenue increased 20% to $9.9 million, driven by higher energy costs and new plants.
- Manufacturing revenue decreased 49% to $2.7 million due to fewer new purchase orders.
- Received a 25-year exclusive water production and supply concession in Grand Cayman.
- Commissioned two new seawater desalination plants on Cat Island, The Bahamas.
- Received purchase orders totaling $10.1 million for municipal water treatment equipment.
- Cash and cash equivalents increased to $132.6 million as of June 30, 2026.
Price Impact
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