U.S. Markets open in 43 mins

Pampa: 1Q Earnings Snapshot

BUENOS AIRES, Argentina (AP) _ Pampa Energia SA (PAM) on Friday reported first-quarter profit of $146.6 million.

On a per-share basis, the Buenos Aires, Argentina-based company said it had net income of $1.95.

The electricity company posted revenue of $687.6 million in the period.

Pampa shares have dropped 27% since the beginning of the year. In the final minutes of trading on Friday, shares hit $23.19, a drop of 58% 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 PAM at https://www.zacks.com/ap/PAM