Unitil reports first quarter earnings

Hampton, n.h., may 02, 2023 (globe newswire) -- unitil corporation (nyse: utl) (unitil.com) today announced net income of $24.1 million, or $1.51 in earnings per share (eps), for the quarter ended march 31, 2023, an increase of $2.6 million in net income, or $0.16 in eps, compared to the same period in 2022. the company's electric and gas gaap gross margins were $20.3 million and $44.8 million, respectively, for the first quarter of 2023.
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