Exelon Reports Second Quarter 2022 Results
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Exelon Reports First Quarter 2022 Results
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2020.
“Our financial and operational performance remained solid through year-end, with each of our utilities reporting top-quartile reliability and record customer satisfaction scores, our zero-carbon nuclear fleet achieving a near-record capacity factor and our relationships with retail customers remaining durable as we continue to be a leading provider of clean and sustainable energy solutions,” said Joseph Nigro, senior executive vice president and CFO of Exelon. “We also reached $400 million in cost savings – $150 million more than planned – and reported full-year adjusted earnings above the midpoint of our original guidance range at $3.22 per share. While we are proud of these results, looking ahead we must reckon with the impact of the devastating winter storms that overwhelmed the electric grid and disrupted millions of lives across Texas last week. Though our
ERP: Driving Efficiencies across the State Hardik Bhatt, CIO & Secretary, Innovation & Technology, State of Illinois and Kevin O Toole, Chief of Transformation Applications and Digital Officer, State of Illinois
Executive summary
Across governments, there is an increasing need to meet agency demands and enhance delivery, while also improving productivity. This is an enormous challenge complicated by highly fragmented technology landscapes, disparate business processes and decentralized governance.
The State of Illinois is currently facing many such administrative challenges. This is not unexpected since it has operated for decades with antiquated systems that lack reporting and analytical capabilities. Agencies have historically operated in silos, with a lack of interoperability. This disparate IT environment consists of over 400 solutions that create duplicative process es hindering the efficiency of the State.