El Paso Electric (EE) Reports Q1 Loss of $0.17, Revenues Miss

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Go back to El Paso Electric (EE) Reports Q1 Loss of $0.17, Revenues Miss

El Paso Electric Announces First Quarter 2019 Financial Results

May 8, 2019 7:50 AM EDT

EL PASO, Texas--(BUSINESS WIRE)-- El Paso Electric Company (NYSE: EE):

Overview

For the first quarter of 2019, El Paso Electric Company ("EE" or the "Company") reported net income of $6.1 million, or $0.15 basic and diluted earnings per share. In the first quarter of 2018, EE reported a net loss of $7.0 million, or $0.17 basic and diluted loss per share. For the first quarter of 2019, EE reported an adjusted net loss of $6.7 million, or $0.17 adjusted basic loss per share. In the first quarter of 2018, EE reported an... More