NV Energy Reports Lower Results for Second-Quarter 2011 as Weather, Projects Affect Bottom Line, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 08/02/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- (NYSE:NVE) (Reno, Nevada), the holding company for Nevada Power Company and Sierra Pacific Power Company, reported lower revenues and profits in second-quarter 2011 when compared to the same period last year, as the cost of completing a major project, regulatory adjustments, and milder-than-expected weather dragged on the company's numbers. Net income was reported to be $12.89 million, compared with $36.95 million in second-quarter 2010.
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Datum: 02.08.2011 - 04:45 Uhr
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News-ID 1026431
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