The Southern Company Reports a Consolidated Net Income of $838 Million for Q2 2023
Operating Revenues Reach $5.7 Billion During Q2 2023
By USInMinutes
Published - Aug 04, 2023, 02:08 AM ET
Last Updated - Aug 21, 2024, 01:32 AM EDT
The Southern Company(MPPRD) and its subsidiary compa nies have released their unaudited condensed consolidated financial statements for the three months ended June 30, 2023. The report shows that the company recorded a consolidated net income of $838 million for the second quarter, a decrease from the previous year's net income of $1.1 billion. Operating revenues for the quarter were reported at $5.7 billion, compared to $7.2 billion during the same period last year.
Net Income/Loss
During the second quarter of 2023, The Southern Company reported a consolidated net income of $838 million. This figure represents a decrease compared to the net income of $1.1 billion recorded during the same period in 2022.
Revenue