Wed, May 7, 10:05 AM (9 days ago)
**Avista Corporation (AVA) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $617 million, up from $609 million in Q1 2024. - **Net Income:** $79 million, an increase from $71 million in Q1 2024. - **Operating Expenses:** $492 million, slightly down from $508 million in Q1 2024. - **Cash Flow:** $184 million from operating activities, down from $190 million in Q1 2024. - **Capital Expenditures:** $103 million, down from $118 million in Q1 2024. **Key Metrics:** - **Earnings per Share (EPS):** $0.98, up from $0.91 in Q1 2024. - **Profit Margins:** Improved due to higher revenues and controlled operating expenses. - **Cash Flow:** Positive, indicating strong liquidity and financial health. **Trends and Uncertainties:** - **Regulatory Matters:** Ongoing general rate cases and regulatory proceedings impact revenue and expenses. - **Environmental Issues:** Legal challenges and regulatory changes affect natural gas and electric operations. - **Future Operations:** Plans for significant capital expenditures and resource adequacy initiatives. **Segment Performance:** - **Avista Utilities:** Strong performance with increased revenues and controlled costs. - **Alaska Electric Light and Power Company (AEL&P):** Consistent performance with stable net income. - **Other Businesses:** Fluctuations due to investment losses and fair value changes. **Future Outlook:** - **Capital Expenditures:** Planned investments to enhance service and system reliability. - **Resource Adequacy:** Initiatives to add generating capacity and improve transmission infrastructure. - **Regulatory and Environmental:** Continued focus on navigating regulatory challenges and environmental compliance. **Ticker:** AVA