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Article: Avista Corp. Reports Third Quarter and Year-to-date 2009 Results and Initiates 2010 Earnings Guidance.(Financial report)
- Article from:
- Economics Week
- Article date:
- November 13, 2009
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Avista Corp. (NYSE:AVA) reported net income of $8.1 million, or $0.15 per diluted share, for the third quarter of 2009, compared to net income of $7.4 million, or $0.13 per diluted share, for the third quarter of 2008. For the nine months ended Sept. 30, 2009 Avista Corp.'s net income was $65.0 million, or $1.18 per diluted share, compared to net income of $56.1 million or $1.04 per diluted share for the nine months ended Sept. 30, 2008.
"We are pleased with our 2009 results through September 30. Our continued solid financial performance keeps us on track to meet our earnings expectations for the year," said Avista Chairman, President and Chief Executive Officer ...