BUENOS AIRES, Argentina (AP) _ Pampa Energia SA (PAM) on Wednesday reported first-quarter net income of $38 million.
The Buenos Aires, Argentina-based company said it had profit of 67 cents per share. Earnings, adjusted to account for discontinued operations, came to 58 cents per share.
The electricity company posted revenue of $321 million in the period.
Pampa shares have increased 23% since the beginning of the year. The stock has climbed 62% in the last 12 months.
The Associated Press