# First quarter 2026 reported diluted EPS of $0.49 and adjusted diluted EPS (non-GAAP)1 of $ 0.50.

*business · news · 2026-04-28 · The Manila Times*

## Key points

- Texas regulators deemed H2O America's $540 million Quadvest acquisition application administratively complete in April 2026.
- Quadvest's active customer connections grew by 2,800 in Q1 2026, reaching a total of 57,200.
- A $700 million equity raise in March 2026, with $400 million forward component, covers projected equity needs through 2027.
- San Jose Water Company filed for recovery of $176 million PFAS remediation costs to be added to rates.
- Maine Water Company achieved rate consolidation across 10 divisions and launched a needs-based assistance program in Q1 2026.

**Companies:** H2O America, San Jose Water Company, The Connecticut Water Company, The Maine Water Company, Texas Water Company
**Countries:** United States

[Read the full story on The Manila Times](https://www.manilatimes.net/2026/04/29/tmt-newswire/globenewswire/h2o-america-announces-first-quarter-2026-financial-results/2330937)

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