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Artesian Resources: 4Q Earnings Snapshot

NEWARK, Del. (AP) _ Artesian Resources Corp. (ARTNA) on Wednesday reported fourth-quarter profit of $2.9 million.

On a per-share basis, the Newark, Delaware-based company said it had net income of 32 cents.

The water resource management company posted revenue of $19.3 million in the period.

For the year, the company reported profit of $14.3 million, or $1.54 per share. Revenue was reported as $80.4 million.

Artesian Resources shares have increased 14 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $39.90, an increase of 14 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARTNA at https://www.zacks.com/ap/ARTNA