NEW JERSEY RESOURCES CORP
For the period ended Dec 31, 2024. Filed Feb 4, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2024 · Filed Feb 4, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Home Services and Other Business Operations
Home Services and Other
The financial results of HSO consist primarily of the operating results of NJRHS. NJRHS provides service, sales and installation of appliances to service contract customers and has been focused on growing its installation business and expanding its service contract customer base. HSO also includes organizational expenses incurred at NJR.
The condensed financial results of HSO are summarized as follows:
| Three Months Ended | ||
|---|---|---|
| December 31, | ||
| (Thousands) | 2024 | 2023 |
| Operating revenues | $15,794 | $14,834 |
| Income (loss) before income taxes | $1,084 | $(652) |
| Income tax provision (benefit) | 469 | (52) |
| Net income (loss) | $615 | $(600) |
Net income increased approximately $1.2M during the three months ended December 31, 2024, compared with the three months ended December 31, 2023, due primarily to higher installation and service contract revenue at Home Services.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.