Otter tail corporation announces second quarter earnings, increases 2023 earnings guidance, board of directors declares quarterly dividend of $0.4375 per share

Fergus falls, minn.--(business wire)--otter tail corporation (nasdaq: ottr) today announced financial results for the quarter ended june 30, 2023. summary compared to the quarter ended june 30, 2022: consolidated operating revenues decreased 16% to $338 million. consolidated net income decreased 5% to $82 million. diluted earnings per share decreased 5% to $1.95 per share. ceo overview “we are pleased with our second quarter financial results,” said president and ceo chuck macfarlane, “with our.
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