AVA Q2 2022 Earnings — Avista Corporation Revenue & Financial Results | Market Cap Arena

AVAAvista Corporation

$3B

Q2 2022 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$379M+26.9% YoY

Gross Profit

$221M58.4% margin

Operating Income

$24M6.4% margin

Net Income

$11M3.0% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

-18.1%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

-$71M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$6.9B

Total Liabilities

$4.7B

Stockholders' Equity

$2.2B

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$379M	$298M	+26.9%
Gross Profit	$221M	$208M	+6.5%
Operating Income	$24M	$32M	-23.5%
Net Income	$11M	$14M	-18.6%

Revenue Segments

Avista Utilities

$369M97%

Alaska Electric Light Power

$10M3%

Geographic Segments

Alaska Electric Light Power

$10M100%