Unitil Corporation Reports Stable Earnings Amid Customer Growth

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2025.11.05 04:23
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Unitil Corporation, a public utility holding company, reported stable earnings despite a slight decline in net income for Q3 2025, with a net loss of $0.3 million. Adjusted net income remained stable at $0.4 million. The company experienced customer growth and increased rates, leading to higher adjusted gross margins in both electric and gas segments. Key metrics showed an increase in electric adjusted gross margin to $33.1 million and gas adjusted gross margin to $26.6 million. Unitil plans to expand its customer base and invest in infrastructure for future growth.