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Paranaense de Energia: 2Q Earnings Snapshot

Paranaense de Energia: 2Q Earnings Snapshot

CURITIBA, Brazil (AP) _ Companhia Paranaense de Energia (ELP) on Wednesday reported second-quarter net income of $98.3 million.

On a per-share basis, the Curitiba, Brazil-based company said it had profit of 35 cents.

The power company posted revenue of $1 billion in the period.

Paranaense de Energia shares have dropped 32 percent since the beginning of the year. The stock has decreased 38 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ELP at https://www.zacks.com/ap/ELP