The company’s operating earnings in the second quarter of 2008 were $121.9 million, compared to $143.5 million for the same period in 2007.
On a GAAP basis, NiSource has reported income from continuing operations of $21 million or $0.08 per share in the second quarter of 2008, compared with $28.9 million or $0.11 per share in the same period of 2007.
Operating income was $116.6 million for the second quarter of 2008, compared with $143.9 million in the same period of 2007.
Robert Skaggs Jr, president and CEO of NiSource, said: I am pleased to report that NiSource remains on track to achieve 2008 financial results which are in line with our business plan. In particular, I have been encouraged by our team’s ability to overcome challenges and remain focused on executing a broad array of important initiatives across each of our business units.
