Avista 3Q 2019 Net Income

SPOKANE, WA - Avista Corporation on Thursday reported net income attributable to shareholders of $5.1 million, or $0.08 per diluted share for the third quarter of 2019, compared to $10.1 million, or $0.15 per diluted share for the third quarter of 2018. For the nine months ended September 30, 2019, net income attributable to Avista Corp. shareholders was $146.2 million, or $2.21 per diluted share, compared to $90.6 million, or $1.37 per diluted share for the nine months ended Sept. 30, 2018.

"Earnings at each segment met our expectations for the third quarter and we remain on track to meet our guidance for the full year,” said Dennis Vermillion, president and chief executive officer of Avista Corporation.

Avista Utilities is the operating division of Avista Coporation that provides electric service to more than 600,000 electric and natural gas customers across 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon.