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Consolidated Water: 1Q Earnings Snapshot

GRAND CAYMAN, Cayman Islands (AP) _ Consolidated Water Co. (CWCO) on Monday reported first-quarter net income of $6.2 million.

On a per-share basis, the Grand Cayman, Cayman Islands-based company said it had profit of 41 cents. Earnings, adjusted to account for discontinued operations, came to 20 cents per share.

The developer and operator of desalination plants posted revenue of $17 million in the period.

Consolidated Water shares have climbed 13% since the beginning of the year. The stock has declined 5.5% in the last 12 months.

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