SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — H2O America (HTO) on Wednesday reported profit of $16.2 million in its fourth quarter.
On a per-share basis, the San Jose, California-based company said it had profit of 45 cents. Earnings, adjusted for one-time gains and costs, came to 46 cents per share.
The parent of San Jose Water Co. posted revenue of $194.2 million in the period.
For the year, the company reported profit of $102.6 million, or $2.92 per share. Revenue was reported as $800.6 million.
H20 expects full-year earnings in the range of $3.08 to $3.18 per share.
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