SPOKANE, Wash. (AP) — SPOKANE, Wash. (AP) — Avista Corp. (AVA) on Tuesday reported first-quarter net income of $92 million.
On a per-share basis, the Spokane, Washington-based company said it had profit of $1.11. Earnings, adjusted for non-recurring gains, came to $1.10 per share.
The utility posted revenue of $570 million in the period.
Avista shares have risen 5% since the beginning of the year. The stock has dropped almost 3% in the last 12 months.
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