AVA Q1 2023 Earnings — Avista Corporation Revenue & Financial Results | Market Cap Arena

AVAAvista Corporation

$3B

Q1 2023 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$475M+2.7% YoY

Gross Profit

$282M59.4% margin

Operating Income

$77M16.1% margin

Net Income

$55M11.6% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

-7.0%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

-$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$5.0B

Stockholders' Equity

$2.4B

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$475M	$462M	+2.7%
Gross Profit	$282M	$275M	+2.4%
Operating Income	$77M	$83M	-7.7%
Net Income	$55M	$72M	-23.4%

Revenue Segments

Avista Utilities

$479M97%

Alaska Electric Light Power

$14M3%

Geographic Segments

Alaska Electric Light Power

$14M100%