The company said net income for the 3 months ended June 30, 2024 was $467 million, down $9 million from a year earlier, and net income for the 6 months was $485 million, a decrease of $689 million.

1. 01

   The company said net income for the 3 months ended June 30, 2024 was $467 million, down $9 million from a year earlier, and net income for the 6 months was $485 million, a decrease of $689 million.

2. 02

   The company said GAAP operating income for the quarter increased $217 million to $808 million, citing the income generated from operations acquired in the Energy Harbor acquisition and retail margins in ERCOT as factors. It said GAAP operating income for the six months decreased $828 million to $894 million.

3. 03

   The company said operating cash flow for the 6 months of 2024 was $1,508 million ($3.012 billion a year earlier). Cash used in investing activities was $4.197 billion, and it said $3.1 billion was used to fund the Energy Harbor Merger.

4. 04

   The company said it completed the Energy Harbor Merger on March 1, 2024, making Energy Harbor a wholly owned subsidiary of Vistra Vision, and that affiliates of Nuveen and Avenue received a 15% equity interest in Vistra Vision.

Key figures

Quarter ended June 30, 2024

Revenue

$3.6B

Operating income

$808M

Net income

$365M

EPS

$0.90

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.