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SPOKANE, Wash., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock. The common stock dividend is payable September 13, 2024, to shareholders of record at the close of business on August 22, 2024. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors,...

Year-to-date consolidated earnings reflect strength of core utility operations Confirming consolidated earnings guidance of $2.36 to $2.56 per diluted share Continued investment in system improved reliability during recent heat wave SPOKANE, Wash., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today announced financial results for the second quarter of 2024. Net income and earnings per diluted share for the second quarter and year-to-date 2024 compared to the same periods in 2023...

SPOKANE, Wash., July 31, 2024 (GLOBE NEWSWIRE) -- Avista (NYSE: AVA) has made annual rate adjustment filings with the Idaho Public Utilities Commission (IPUC or Commission) that, if approved, are designed to decrease overall electric revenues by approximately $16.6 million or 5.4% effective Oct. 1, 2024 and decrease overall natural gas revenue by approximately $29.8 million or 25.8% effective Nov. 1, 2024. These annual filings have no impact on Avista’s earnings. Electric Adjustment Filings...

SPOKANE, Wash., July 23, 2024 (GLOBE NEWSWIRE) -- The Avista Foundation is awarding $201,750 in grants to 40 nonprofit organizations in Washington, Idaho, and Oregon to support education and youth development. “Together with our partners, we are making a difference in the lives of young people. Avista is proud to support the vital programs and organizations that nurture, educate, and uplift our youth,” said Dennis Vermillion, Avista CEO. The second-quarter grants support a diverse range of...

Avista Capital Partners and Hamilton Lane Announce Partnership in Cosette Pharmaceuticals PR Newswire BRIDGEWATER, N.J. and CONSHOHOCKEN, Pa. and NEW YORK, July 17, 2024 Significantly Enhances Cosette's Ability to Drive Further Growth Through Investments in Business Development and R&D BRIDGEWATER, N.J. and CONSHOHOCKEN, Pa. and NEW YORK , July 17, 2024 /PRNewswire/ -- Avista Capital Partners ("Avista"), a leading New York -based private equity firm focused exclusively on healthcare, and...

SPOKANE, Wash., July 08, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss second quarter 2024 results on Wednesday, August 7, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with second quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on August 7, 2024. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the Presentations and...

SPOKANE, Wash., May 08, 2024 (GLOBE NEWSWIRE) -- In its first quarter, the Avista Foundation awarded just over $184,000 to 37 non-profit organizations in Washington, Idaho, Oregon, and Alaska. The grants in this first cycle are intended to directly benefit health and human service providers. In 2023, the Avista Foundation donated more than $1.8 million to help support the community and people in need. That support continues in 2024. “Supporting organizations that benefit from funds that...

SPOKANE, Wash., May 07, 2024 (GLOBE NEWSWIRE) -- Avista is adding a new strategy to its wildfire mitigation plan. The utility announced today at a press conference with regional partners that if extreme weather conditions are forecast, like low humidity and strong winds, Avista may turn off power in specific locations to help protect public safety. This is called a Public Safety Power Shutoff, or PSPS. “Based on learning from other utilities who have implemented PSPS, it would only be used in...

SPOKANE, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock. The common stock dividend is payable June 14, 2024, to shareholders of record at the close of business on May 23, 2024. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors, including...

First quarter consolidated earnings per diluted share of $0.91, in line with expectations Confirms consolidated earnings guidance of $2.36 to $2.56 per diluted share SPOKANE, Wash., May 01, 2024 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today announced financial results for the first quarter of 2024. Net income and earnings per diluted share for the first quarter of 2024 compared to the first quarter of 2023 are presented in the table below (dollars in thousands, except per-share data):...

SPOKANE, Wash., April 05, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2024 results on Wednesday, May 1, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with first quarter 2024 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on May 1, 2024. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the Presentations and Events...

SPOKANE, Wash., March 04, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) , a Washington state-based energy company with operations spanning five states, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World’s Most E thical Companies . Avista has been recognized by Ethisphere for five consecutive years since 2020 and is one of only 8 honorees in the Energy and Utilities industry. In 2024, 136...

2023 consolidated earnings per diluted share of $2.24 Significant improvement in Avista Utilities earnings reflects the benefits of cost recovery and cost management 2024 consolidated earnings guidance initiated at $2.36 to $2.56 per diluted share SPOKANE, Wash., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today announced financial results for 2023. Net income and earnings per diluted share for the fourth quarter and the year ended Dec. 31, 2023 (year-to-date) as compared to the...

SPOKANE, Wash., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.475 per share on the company’s common stock, an increase of $0.015 per share, yielding an annualized dividend of $1.90. The common stock dividend is payable March 15, 2024, to shareholders of record at the close of business on February 23, 2024. “The dividend increase approved by the board of directors marks the twenty-second consecutive year the board...

SPOKANE, Wash., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Avista recently signed an agreement with Pine Creek RNG (“Pine Creek”) to purchase renewable natural gas (“RNG”) to be produced at the Quad Cities Landfill in Milan, IL. The Quad Cities Landfill is owned by Millennium Waste Incorporated, a subsidiary of Waste Connections. In October 2022, Avista released a request for proposal (RFP) to secure RNG resources for its customers over the long term. RNG is derived from organic waste streams...

SPOKANE, Wash., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Today Avista (NYSE: AVA) filed a multi-year rate plan with the Washington Utilities and Transportation Commission (WUTC or Commission) that, if approved, would allow the Company to recover increased operating and maintenance costs and ongoing investments to infrastructure, technology and more. If approved, new rates would be effective in Dec. 2024 and Dec. 2025. “The effects of inflation impacted the entire country, and the cost of doing...

SPOKANE, Wash., Jan. 12, 2024 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss fourth quarter 2023 results on Wednesday, February 21, 2024, at 10:30 a.m. Eastern Daylight Time. A news release with fourth quarter 2023 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on February 21, 2024. This call can be accessed on Avista’s website at investor.avistacorp.com . You must pre-register for the call via the...

The latest environmental, social and governance (ESG) information can be found at avistacorp.com . SPOKANE, Wash., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Today, Avista (NYSE: AVA) published its latest Corporate Responsibility report and other environmental, social and governance (ESG) information on its corporate website, avistacorp.com . The content reports on Avista’s operations and includes commitments in four areas: environment, people, customers and communities, and ethical governance. The...

SPOKANE, Wash., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Avista Corp.’s ( NYSE: AVA ) board of directors has declared a quarterly dividend of $0.46 per share on the company’s common stock. The common stock dividend is payable December 15, 2023, to shareholders of record at the close of business on November 17, 2023. The declaration of dividends is at the sole discretion of the board of directors. The board considers the level of dividends on a regular basis, taking into account numerous factors,...

SPOKANE, Wash., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Avista Corp. ( NYSE: AVA ) today reported net income of $14.7 million, or earnings of $0.19 per diluted share, for the third quarter of 2023, compared to a net loss of $5.8 million, or $0.08 per diluted share, for the third quarter of 2022. For the nine months ended Sept. 30, 2023, net income was $87.0 million, or $1.14 per diluted share, compared to $77.2 million, or $1.06 per diluted share for the nine months ended Sept. 30, 2022. “Avista...