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March 23, 2023
Home » PG&E Reports Steep Q2 Loss on Bankruptcy, Fire Costs
In its first post-bankruptcy earnings report, PG&E Corp. said Thursday it expects stronger financial performance going forward, as it improves its wildfire-prevention efforts and employs more limited public safety power shutoffs this fire season. But PG&E reported GAAP losses of $3.73/share in the second quarter, driven mainly by $2.5 billion...
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