UPDATE: Dynegy Reports Narrower Q2 Loss

Dynegy Inc DYN released its results for the second quarter loss on Monday. Dynegy reported a quarterly loss at $116 million, or $0.95 per share, versus a year-ago loss of $191 million, or $1.59 per share. Dynegy's adjusted EBITDA dropped to $102 million from $124 million. However, analysts were expecting a loss of $0.49 per share. Its revenue surged 36% to $326 million. Dynegy shares dipped 18.98% to $3.97 in pre-market trading.