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Global Water Resources to Present at Janney Virtual Water Utilities Conference, September 17, 2025
Globenewswire· 2025-09-04 12:31
Core Insights - Global Water Resources, Inc. has been invited to present at the Janney Water Utilities Conference on September 17, 2025, highlighting its role in the water resource management sector [1][3]. Financial Performance - In Q2 2025, the company reported a revenue increase of 5.4% to $14.2 million, with net income at $0.06 per share, supporting its monthly-paid dividend of $0.30396 per share on an annualized basis [4]. Market Position and Strategy - The company is recognized for its leadership in utility consolidation, automation, and water resource management, with an active M&A program expanding its portfolio in major metro growth corridors around Phoenix and Tucson, Arizona [5]. Water Management Practices - Global Water Resources operates 39 systems providing water, wastewater, and recycled water services, recycling over 1 billion gallons of water annually, totaling 18.5 billion gallons since 2004 [8]. Recognition and Awards - The company has received national recognition as a 'Utility of the Future Today' for its effective water reuse practices and has been awarded for its leadership in public asset management strategies [10][11]. Total Water Management (TWM) - The company implements Total Water Management (TWM), an integrated approach to managing the entire water cycle, which enhances the beneficial use of recycled water and promotes smart water management programs [9].
Global Water Resources Applauds Inclusion of State Route 347 Improvements in ADOT’s $11.6 Billion Five-Year Plan
Globenewswire· 2025-06-30 13:00
Core Insights - Global Water Resources, Inc. supports Arizona's $11.6 billion Five-Year Transportation Facilities Construction Program, which includes over $249 million for improvements on State Route 347 [1][2] - The SR 347 projects aim to enhance regional infrastructure, improve safety, and support growth in Maricopa, accommodating over 58,000 vehicles daily [2][4] - The expansion will add one lane in each direction over a 13-mile stretch, eliminate traffic signals, and upgrade intersections and bridges, with construction expected to start in fiscal year 2026 [3][4] Company Strategy and Growth - The infrastructure investment aligns with Global Water's strategy for organic growth in water and wastewater services, driven by increased demand from residential and commercial development in Maricopa [4][5] - Maricopa's population is projected to grow nearly 90% by 2040, reaching approximately 140,000, indicating a strong growth outlook for the company [4][5] Company Overview - Global Water Resources operates 32 systems providing water, wastewater, and recycled water services, primarily in growth corridors around Phoenix and Tucson [6] - The company recycles over 1 billion gallons of water annually, totaling 18.1 billion gallons since 2004, showcasing its commitment to sustainable water management [6][7] - Recognized for its Total Water Management approach, the company integrates water cycle management to maximize recycled water use and promote conservation [7][8]