UPDATE: Dynegy Swings To Q1 Loss

Dynegy Inc DYN swung to a Q1 loss from a profit in the year-ago period. The company reported a quarterly loss of $77 million, or $0.64 per share, from a net income of $145 million, or $1.20 per share, in the year-earlier period. The company's adjusted earnings before interest, taxes, depreciation and amortization came in at $87 million. The company's revenue fell to $505 million from $858 million. However, analysts were expecting a loss of $0.55 per share on revenue of $599 million. DYN shares closed at $6.41 on Friday. Read more from Benzinga's Company news.