Q2 2024 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$795M-11.2% YoY

Gross Profit

-$1.7B-208.9% margin

Operating Income

-$1.7B-208.9% margin

Net Income

-$1.3B-162.8% margin

EPS (Diluted)

$-11.74

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

-$11M

Stock-Based Comp.

Balance Sheet

Total Assets

$17.1B

Total Liabilities

$15.9B

Stockholders' Equity

$1.1B

Cash & Equivalents

$567M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$795M	$896M	-11.2%
Gross Profit	-$1.7B	$184M	-1001.1%
Operating Income	-$1.7B	$179M	-1027.3%
Net Income	-$1.3B	$55M	-2471.4%

Revenue Segments

Electric Energy Sales, Large Light And Power

$281M31%

Electric Energy Sales, Commercial

$251M28%

Electric Energy Sales, Residential

$245M27%

Bank Interest And Dividend Income

$86M10%

Bank Fees

$13M1%

Product and Service, Other

$11M1%

Electric Energy Sales, Other

$5M1%

Other Bank Noninterest Income

$3M0%

Other Sales

$3M0%

Regulatory Revenue

-$486,000-0%