Summary
Eversource Energy, formerly Northeast Utilities, filed an 8-K on August 3, 2010, to report its unaudited financial results for the second quarter and the first six months of 2010. This filing primarily serves to announce the earnings release and related financial reports for the company and its key subsidiaries: The Connecticut Light and Power Company, Public Service Company of New Hampshire, and Western Massachusetts Electric Company. Investors should note that the details of the financial performance, including revenues, expenses, and earnings per share, are contained within the attached exhibits (Exhibit 99.1 and 99.2) and were not fully detailed in the 8-K text itself, as the report's purpose was to formally submit these documents to the SEC. The filing indicates that the company is providing updated financial information for the periods ending June 30, 2010. While the 8-K itself is a procedural filing, it directs investors to the attached news release and financial reports for the specific operational and financial performance figures. As such, a thorough understanding of Eversource Energy's financial standing at that time would require a review of those appended documents.
Key Highlights
- 1Filing announces unaudited financial results for the second quarter and first six months of 2010.
- 2Reports cover Northeast Utilities (now Eversource Energy) and its subsidiaries: The Connecticut Light and Power Company, Public Service Company of New Hampshire, and Western Massachusetts Electric Company.
- 3The filing's primary purpose is to submit the earnings news release and related financial reports to the SEC.
- 4Specific financial performance details are contained within attached Exhibit 99.1 (News Release) and Exhibit 99.2 (Financial Reports).
- 5The reporting period concludes on June 30, 2010.
- 6This 8-K is a formal submission of previously released financial information, not a detailed analytical report within the filing itself.