Reports Q4 revenue $171.4M, consensus $157.39M. "SJW Group’s strong results in 2022 will lay the foundation for continued success in 2023 and beyond," stated SJW Group Chair, CEO, and President, Eric W. Thornburg. "We addressed the California water supply mix that drove expense volatility in prior years through a settlement agreement approved by the California Public Utilities Commission (CPUC) that benefits customers and San Jose Water Company (SJWC), completed a $60 million generational investment in a new drinking water treatment facility in Maine, delivered our capital spending plan by overcoming supply chain challenges, made important progress in ESG, and served customers and communities with high-quality water and reliable service."
Published first on TheFly
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