Unitil reports first quarter earnings

Hampton, n.h., may 06, 2025 (globe newswire) -- unitil corporation (nyse: utl) ( unitil.com ) today announced net income of $27.5 million, or $1.69 in earnings per share (eps), for the quarter ended march 31, 2025, an increase of $0.3 million in net income, or $0.00 in eps, compared to the same period in 2024. the company's adjusted net income (a non-gaap financial measure1), which includes transaction-related costs in connection with the acquisition of bangor natural gas company (bangor) and maine natural gas company, was $28.4 million, or $1.74 in eps for the first quarter of 2025, an increase of $1.2 million, or $0.05 in eps, compared to the first quarter of 2024.
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