California Water Service GAAP EPS of $1.05, revenue of $332.2M

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2 hours ago

California Water Service press release (CWT): GAAP EPS of $1.05.
Revenue of $332.2M (+6.7% Y/Y).
Rate changes and new customers added $22.1 million in revenue, while changes in the Drought Response Memorandum Account (DREMA) contributed an additional $3.9 million.
Decline in customer water usage offset revenue increases by $4.4 million.

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