AVA Q2 2023 Earnings — Avista Corporation Revenue & Financial Results | Market Cap Arena

AVAAvista Corporation

$3B

Q2 2023 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$380M+0.4% YoY

Gross Profit

$239M62.8% margin

Operating Income

$44M11.5% margin

Net Income

$17M4.6% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-20.0%

Cash Flow

Operating Cash Flow

$175M

Free Cash Flow

$49M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$5.0B

Stockholders' Equity

$2.4B

Cash & Equivalents

$16M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$380M	$379M	+0.4%
Gross Profit	$239M	$221M	+7.9%
Operating Income	$44M	$24M	+80.4%
Net Income	$17M	$11M	+52.7%

Revenue Segments

Avista Utilities

$369M97%

Alaska Electric Light Power

$11M3%

Geographic Segments

Alaska Electric Light Power

$11M100%