UNITIL CORPORATION Q3 FY2025 TL;DR
Unitil reported a GAAP Net Loss of ($0.3M) for the quarter, though Adjusted Net Income remained flat year-over-year at $0.4M. Nine-month Net Income was $31.2M (\(1.89 EPS), slightly down YoY, reflecting increased interest expense and depreciation pressures despite revenue growth to **\)101.1M** in Q3. Gross Margins for both Electric and Gas segments improved due to rate hikes and customer growth.
Strategic Activity & Operations: The company successfully integrated Bangor Natural Gas (closed Jan 2025) and closed the *Maine Natural Gas
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