Latest Duluth News

Allete: Q1 Earnings Snapshot

May. 09, 2024 06:43 AM EDT

DULUTH, Minn. (AP) — DULUTH, Minn. (AP) — Allete Inc. (ALE) on Thursday reported first-quarter net income of $50.7 million. The Duluth, Minnesota-based company said it had net income of 88 cents per share. Earnings, adjusted for non-recurring costs, were 97 cents per share. ...

Allete: Q4 Earnings Snapshot

Feb. 20, 2024 06:53 AM EST

DULUTH, Minn. (AP) — DULUTH, Minn. (AP) — Allete Inc. (ALE) on Tuesday reported fourth-quarter net income of $51.5 million. The Duluth, Minnesota-based company said it had net income of 89 cents per share. The power company owner posted revenue of $402.7 million in...