NiSource Inc.
NiSource Reports Second Quarter 2024 Financial Results and Reaffirms Guidance
Summary
NiSource Inc. reported its financial results for the second quarter of 2024, showing GAAP net income of $85.8 million and non-GAAP adjusted net income of $94.7 million. The company also reaffirmed its 2024 non-GAAP adjusted EPS guidance of $1.70-1.74 and its long-term growth outlook. The detailed financial data and adjustments are provided in the attached press release.
Profitelligence Alerts
Get alerts for NI
Be first to know when NiSource Inc. files with the SEC.
Filing Categories
Exhibits (1)
Advertisement
About NiSource Inc.
NiSource Inc. is a prominent energy holding company primarily focused on the distribution and transmission of natural gas and electricity. The company operates through regulated utility subsidiaries, offering essential energy services to millions of customers across seven U.S. states, including Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia. NiSource engages in two major business segments: Gas Distribution Operations and Electric Operations. The Gas Distribution segment is responsible for the safe delivery of natural gas to residential, commercial, and industrial customers, playing a critical role in heating and powering homes and businesses. The Electric Operations segment involves the generation, transmission, and distribution of electricity, supporting vital infrastructure and fostering regional economic development. NiSource's strategic initiatives emphasize enhancing customer service, ensuring safety, and advancing environmental sustainability. As a key player in the utility industry, NiSource contributes significantly to the energy market, impacting sectors related to energy production, infrastructure, and environmental initiatives. The company's regulated business model aims to provide stable returns while pursuing growth opportunities in expanding its service offerings and improving energy efficiency.
Official SEC Documents
Advertisement