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GEORGE TOWN, Cayman Islands, May 20, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, today issued the following statement commenting on the reports issued by Institutional Shareholder Services ("ISS") and Glass Lewis regarding the Company's May 28, 2024 Annual General Meeting of Shareholders: The Company strongly disagrees with the recommendations to withhold votes from Linda Bei ...

Linda Beidler-D'Aguilar The ISS and Glass Lewis recommendations against the re-election of Ms. Beidler-D'Aguilar are due to her attendance at less than 75% of the aggregate number of (a) the total number of meetings of the Board and (b) the total number of meetings of all committees of the Board on which she served (collectively, the "Aggregate Meetings") held during 2023. Despite not meeting the 75% threshold, Ms. Beidler-D'Aguilar attended 69% of the Aggregate Meetings. Importantly, one of the meetings th ...

Consolidated Water Co. Ltd. (NASDAQ:CWCO) Q1 2024 Earnings Conference Call May 16, 2024 11:00 AM ET Company Participants Frederick McTaggart - CEO David Sasnett - CFO Conference Call Participants David Thomas - BoA Matthew Schwarz - Maze Investments Brandon Rogers - ROTH Capital John Bair - Ascend Wealth Advisors Operator Good morning, thank you for joining us today to discuss Consolidated Water Company's First Quarter 2024 Results. Hosting the call today is Chief Executive Officer of Consolidated Water Com ...

● Total revenue up 21% to $39.7 million. ● Retail revenue up 11% to $8.6 million. ● Services revenue increased 37% to $17.4 million, with recurring services revenue generated from operations and maintenance contracts up 93% to $7.1 million. ● Manufacturing revenue increased 57% to $5.3 million. ● Net income from continuing operations attributable to company stockholders was $6.9 million or $0.43 per diluted share, as compared to $4.1 million or $0.26 per diluted share in the first quarter of 2023. ● Cash an ...

Consolidated Water Co. Ltd. (CWCO) delivered first-quarter 2024 earnings per share (EPS) of 43 cents per share, which surpassed the Zacks Consensus Estimate of 39 cents by 10.3%. The bottom line also increased 65.4% from last year's 26 cents per share. Total Revenues The company's total revenues for the quarter were $39.7 million, which surpassed the Zacks Consensus Estimate of $38.7 million by 2.7%. The top line also improved 20.7% from the year-ago quarter's figure of $32.9 million. Segment Details Retail ...

GEORGE TOWN, Cayman Islands, May 15, 2024 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading designer, builder and operator of advanced water supply and treatment plants, reported results for the first quarter ended March 31, 2024. All comparisons are to the same prior year period unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). "Our 37% growth in services se ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q CONSOLIDATED WATER CO. LTD. Regatta Office Park Windward Three, 4th Floor, West Bay Road P.O. Box 1114 Grand Cayman KY1-1102 Cayman Islands N/A Table of Contents TABLE OF CONTENTS Note Regarding Currency and Exchange Rates The exchange rate for conversion of Bahamas dollars (B$) into US$, as determined by the Central Bank of The Bahamas, has been fixed since 1973 at US$1.00 per B$1.00. 3 PART I - FINANCIAL INFORMATION | --- | --- | --- | --- | |---- ...

Investors are always looking for stocks that are poised to beat at earnings season and Consolidated Water Co. Ltd. (CWCO) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Consolidated Water is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible ...

Consolidated Water Co. Ltd. (CWCO) is scheduled to release first-quarter 2024 results on May 15 after market close.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderConsolidated Water’s diversified revenue stream is expected to have a positive impact on the overall results.During the fourth quarter of 2023, Consolidated Water’s wholly owned subsidiary, PERC Water Corporation (“PERC”), acquired a 100% ownership interest in Ramey Environmental Compl ...