Genie Energy Announces First Quarter 2024 Results
Genie Energy Ltd. Class B Stock (GNE)
Last genie energy ltd. class b stock earnings: 11/8 07:30 am
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genie.com
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Source: GlobeNewswire
Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels Income from Operations of $9.8 million, Adjusted EBITDA1 of $11.7 Million and Earnings per Diluted Share of $0.30 Repurchased 250,000 Shares of Class B Common Stock Newark, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2024. Michael Stein, chief executive officer of Genie Energy, commented: “We reported record first quarter revenue and gross profits, led by Genie Retail Energy, or GRE, which continued to drive the overall business with higher meter counts and strong natural gas margins. Genie Renewables, or GREW, also had a strong quarter as several third-party solar projects hit construction milestones, leading to record segment gross profits and gross margins. We also
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News
- Genie Energy (NYSE:GNE) Is Due To Pay A Dividend Of $0.075 [Yahoo! Finance]Yahoo! Finance
- Genie Energy Ltd. (NYSE:GNE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Genie Energy First Quarter 2024 Earnings: EPS: US$0.31 (vs US$0.44 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- Genie Energy Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Genie Energy to Report First Quarter 2024 ResultsGlobeNewswire
GNE
Sec Filings
- 5/16/24 - Form 4
- 5/9/24 - Form 8-K
- 5/9/24 - Form 10-Q
- GNE's page on the SEC website