Artesian Resources Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 24.55 million compared to USD 25.12 million a year ago. Revenue was USD 24.55 million compared to USD 25.12 million a year ago. Net income was USD 3.48 million compared to USD 2.33 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.24 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.24 a year ago.
For the full year, sales was USD 98.86 million compared to USD 98.9 million a year ago. Revenue was USD 98.86 million compared to USD 98.9 million a year ago. Net income was USD 16.7 million compared to USD 18 million a year ago. Basic earnings per share from continuing operations was USD 1.67 compared to USD 1.9 a year ago. Diluted earnings per share from continuing operations was USD 1.67 compared to USD 1.9 a year ago.