DOVER, Del. (AP) ¿ Chesapeake Utilities Corp. said Monday its first-quarter profit rose 13 percent as the utility company added customers and improved performance as its propane and natural gas subsidiaries.

The Dover, Del.-based company earned $8.6 million, or $1.24 per share, up from $7.6 million, or $1.10 per share, during the same period a year prior. Revenue rose 4 percent to $104.5 million from $100.3 million.

Analysts polled by Thomson Reuters expected profit of $1.16 per share.

Chesapeake distributes natural gas to homes and businesses in Delaware, Maryland and Florida. Part of the revenue boost came from colder weather in the Delmarva Peninsula, which includes parts of Delaware, Maryland, and Virginia.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Technology

These 5 Tech Giants Still Aren't That Expensive

These 5 Tech Giants Still Aren't That Expensive

Intel CEO Brian Krzanich's Ouster Proves CEOs Aren't Above the Rules

Intel CEO Brian Krzanich's Ouster Proves CEOs Aren't Above the Rules

Amazon, Microsoft and Google Face Backlash over ICE, Military Deals

Amazon, Microsoft and Google Face Backlash over ICE, Military Deals

As Intel Loses Its CEO, How Well Can It Compete Against Nvidia?

As Intel Loses Its CEO, How Well Can It Compete Against Nvidia?

3 Great Stock Market Sectors Millennials Should Invest In

3 Great Stock Market Sectors Millennials Should Invest In