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NEWARK, Del. (AP) — NEWARK, Del. (AP) — Artesian Resources Corp. (ARTNA) on Monday reported first-quarter profit of $5.4 million.

The Newark, Delaware-based company said it had net income of 53 cents per share.

The water resource management company posted revenue of $25.9 million in the period.

Artesian Resources shares have increased slightly more than 8% since the beginning of the year. In the final minutes of trading on Monday, shares hit $34.27, a drop of 8% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARTNA at https://www.zacks.com/ap/ARTNA