Global Water Resources to Present at the ROTH Deer Valley Event
December 05 2023 - 8:31AM
Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water
resource management company, has been invited to present at the
ROTH 12th Annual Deer Valley Event being held at the Montage Deer
Valley in Park City, UT on December 13-16.
Global Water Resources CFO and SVP, Mike Liebman,
is scheduled to participate in one-on-one meetings with
institutional analysts and investors during the event.
Management will discuss how organic and acquisitive
growth helped drive regulated revenues up 13% to $37.9 million and
net income to $6.8 million or $0.28 per share in the first nine
months of 2023, with this supporting a monthly dividend totaling
$0.30096 per share on an annualized basis.
They will also discuss the company’s market
leadership in utility consolidation, automation and water resource
management, as well as its active M&A program that has been
expanding the company’s portfolio of utilities in major metro
growth corridors around Phoenix and Tucson, Arizona.
To schedule a one-on-one meeting with management,
please contact your ROTH representative. For any questions about
the company, contact Ron Both of CMA at (949) 432-7557 or submit
your request here.
About Global Water Resources
Global Water Resources, Inc. is a leading water resource
management company that owns and operates 29 systems which provide
water, wastewater, and recycled water services. The company’s
service areas are located primarily in growth corridors around
metropolitan Phoenix. Global Water recycles over 1 billion gallons
of water annually with a total of more than 15.9 billion gallons
recycled since 2004.
The company has been recognized for its highly effective
implementation of Total Water Management (TWM). TWM is an
integrated approach to managing the entire water cycle that
involves owning and operating water, wastewater and recycled water
utilities within the same geographic area in order to maximize the
beneficial use of recycled water. It enables smart water management
programs such as remote metering infrastructure and other advanced
technologies, rate designs, and incentives that result in real
conservation. TWM helps protect water supplies in water-scarce
areas experiencing population growth.
Global Water has received numerous industry awards, including
national recognition as a ‘Utility of the Future Today’ for its
superior water reuse practices by a national consortium of water
and conservation organizations led by the Water Environment
Federation (WEF). The company also received Cityworks’ 2022
Excellence in Departmental Practice Award for demonstrating
leadership and creativity in applying public asset management
strategies to daily operations and long-term planning.
To learn more, visit www.gwresources.com.
Company Contact:Michael Liebman CFO and SVPTel
(480) 999-5104 Email Contact
Investor Relations Contact:Ron Both or Grant
StudeCMATel (949) 432-7566Email contact
Media Contact:Tim RandallCMATel (949)
432-7572Email Contact
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cfccac95-2d51-4be1-b1a9-a9cfab59a649
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