SPOKANE, Wash. (AP) _ Avista Corp. (AVA) on Thursday reported first-quarter profit of $115.8 million.
On a per-share basis, the Spokane, Washington-based company said it had net income of $1.76. Earnings, adjusted for non-recurring gains, came to 52 cents per share.
The utility posted revenue of $396.5 million in the period.
Avista shares have dropped nearly 1% since the beginning of the year. The stock has dropped 19% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AVA at https://www.zacks.com/ap/AVA