secwatch.observer — SEC 8-K summary
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Issuer:     MGE ENERGY INC (MGEE)
CIK:        0001161728
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0000950170-25-065305
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGE Energy Q1 GAAP EPS $1.14, up 23% YoY; revenue $219M
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- Net income $41.6M ($1.14 diluted EPS) vs $33.8M ($0.93) in Q1 2024.
- Operating revenues $219.0M, up from $191.3M; operating income $52.9M vs $40.7M.
- Drivers: rate base investment growth, 25 MW Darien solar plant operational March 2025.
- Gas retail sales +19%, electric +3%; weather normalized vs mild prior year.
- No updated guidance provided in the release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1161728/000095017025065305/0000950170-25-065305-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/61339/000095017025065305/mgee-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-065305

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer