AVA Q2 2024 Earnings — Avista Corporation Revenue & Financial Results | Market Cap Arena

AVAAvista Corporation

$3B

Q2 2024 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$402M+5.8% YoY

Gross Profit

$258M64.2% margin

Operating Income

$55M13.7% margin

Net Income

$23M5.7% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-34.0%

Cash Flow

Operating Cash Flow

$127M

Free Cash Flow

-$6M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$5.2B

Stockholders' Equity

$2.5B

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$402M	$380M	+5.8%
Gross Profit	$258M	$239M	+8.1%
Operating Income	$55M	$44M	+25.5%
Net Income	$23M	$17M	+31.5%

Revenue Segments

Avista Utilities

$391M97%

Alaska Electric Light Power

$11M3%

Geographic Segments

Alaska Electric Light Power

$11M100%