MADISON, Wis. _ MGE Energy Inc. (MGEE) on Tuesday reported third-quarter earnings of $29.5 million.

The Madison, Wisconsin-based company said it had net income of 85 cents per share.

The public utility holding company posted revenue of $137.8 million in the period.

MGE shares have dropped slightly more than 1 percent since the beginning of the year. The stock has declined roughly 6 percent in the last 12 months.

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