Southwest Water Co. (SWWC) said it returned to fourth-quarter profitability, as revenue increased 14 percent.
Southwest Water earned $1.4 million, or 6 cents per share, compared with a loss of $410,000, or 2 cents per share, for the same quarter in 2004. Revenue grew to $52 million from $45.5 million in the year-ago period. Analysts polled by Thomson Financial had expected the company to earn 7 cents per share. [ more ]
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