Unitil reports year-end earnings

Hampton, n.h., feb. 01, 2022 (globe newswire) -- unitil corporation (nyse: utl) (unitil.com) today announced net income of $36.1 million, or $2.35 in earnings per share (eps), for the year ended december 31, 2021, an increase of $3.9 million in net income, or $0.20 in eps, compared to 2020.the company's electric and gas gaap gross margins were $71.5 million and $100.5 million, respectively, for 2021. weighted average common shares outstanding for the year-ended december 31, 2021 of approximately 15.4 million reflect the issuance of 920,000 common shares during the third quarter of 2021.
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