AVA Q1 2024 Earnings — Avista Corporation Revenue & Financial Results | Market Cap Arena

AVAAvista Corporation

$3B

Q1 2024 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$609M+28.3% YoY

Gross Profit

$316M51.9% margin

Operating Income

$101M16.6% margin

Net Income

$71M11.7% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+17.7%

Cash Flow

Operating Cash Flow

$190M

Free Cash Flow

$71M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$7.6B

Total Liabilities

$5.1B

Stockholders' Equity

$2.5B

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$609M	$475M	+28.3%
Gross Profit	$316M	$282M	+12.2%
Operating Income	$101M	$77M	+31.9%
Net Income	$71M	$55M	+29.5%

Revenue Segments

Avista Utilities

$595M98%

Alaska Electric Light Power

$14M2%

Geographic Segments

Alaska Electric Light Power

$14M100%