Unitil reports first quarter earnings

Hampton, n.h., may 03, 2022 (globe newswire) -- unitil corporation (nyse: utl) (unitil.com) today announced net income of $21.5 million, or $1.35 in earnings per share (eps), for the quarter ended march 31, 2022, an increase of $2.6 million in net income, or $0.09 in eps, compared to the same period in 2021.the company's electric and gas gaap gross margins were $17.9 million and $43.5 million, respectively, for the first quarter of 2022.
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