secwatch.observer — SEC 8-K summary
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Issuer:     AVISTA CORP (AVA)
CIK:        0000104918
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000950170-23-016820
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avista Q1 net income $54.8M, EPS $0.73 down from $0.99; CFO Thies retiring, Christie named
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- Q1 2023 net income $54.8M ($0.73/diluted) vs $71.6M ($0.99/diluted) in Q1 2022.
- Avista Utilities segment net income fell to $51.6M; $7.6M pre-tax expense under WA ERM from higher power costs.
- Full-year 2023 earnings guidance reaffirmed at $2.27-$2.47 per diluted share.
- CFO Mark Thies to retire Oct 1, 2023; Kevin Christie appointed CFO/Treasurer/SVP Regulatory Affairs effective May 11, 2023.
- Latisha Hill promoted to VP Community Affairs and Chief Customer Officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/104918/000095017023016820/0000950170-23-016820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/104918/000095017023016820/ava-20230502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-016820

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