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SAN JOSE, Calif. (AP) _ SJW Corp. (SJW) on Wednesday reported third-quarter profit of $15.8 million.
On a per-share basis, the San Jose, California-based company said it had net income of 76 cents. Earnings, adjusted for costs related to mergers and acquisitions, were $1.08 per share.
The parent of San Jose Water Co. posted revenue of $124.9 million in the period.
SJW shares have fallen almost 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $61.34, a decrease of slightly more than 1 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 SJW at https://www.zacks.com/ap/SJW