Reports Q4 revenue $220.0M vs. $222.2M last year. Revenue was impacted by declining customer consumption due to extremely wet December weather, which was partially offset by rate changes and changes in the Monterey-style water revenue adjustment mechanism. “Given that this is the third year of our California rate case cycle and that we had a much wetter than normal December, these results are in line with our expectations,” said CEO Martin Kropelnicki.
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