SPOKANE, Wash. (AP) — SPOKANE, Wash. (AP) — Avista Corp. (AVA) on Wednesday reported first-quarter net income of $79 million.
On a per-share basis, the Spokane, Washington-based company said it had net income of 98 cents.
The utility posted revenue of $617 million in the period.
Avista expects full-year earnings to be $2.52 to $2.72 per share.
Avista shares have climbed 14% since the beginning of the year. The stock has increased 12% in the last 12 months.
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