Q3 2022 Earnings

Utilities Diversified Utilities

Income Statement

Revenue

$1.0B+37.7% YoY

Gross Profit

$102M9.8% margin

Operating Income

$102M9.8% margin

Net Income

$63M6.0% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+16.4%

Cash Flow

Operating Cash Flow

$50M

Free Cash Flow

-$29M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$16.3B

Total Liabilities

$14.1B

Stockholders' Equity

$2.2B

Cash & Equivalents

$179M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$757M	+37.7%
Gross Profit	$102M	$97M	+4.9%
Operating Income	$102M	$97M	+4.9%
Net Income	$63M	$64M	-2.1%

Revenue Segments

Electric Energy Sales, Large Light And Power

$352M34%

Electric Energy Sales, Commercial

$310M30%

Electric Energy Sales, Residential

$306M29%

Bank Interest And Dividend Income

$68M7%

Bank Fees

$12M1%

Product and Service, Other

$9M1%

Electric Energy Sales, Other

$5M1%

Other Sales

$5M0%

Other Bank Noninterest Income

$936,0000%

Regulatory Revenue

-$26M-3%