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Stock impact report

Genie Energy Announces Third Quarter 2025 Results

Genie Energy Ltd. Class B Stock (GNE) 
Last genie energy ltd. class b stock earnings: 11/8 07:30 am Check Earnings Report
US:NYSE Investor Relations: genie.com
Company Research Source: GlobeNewswire
Newark, NJ , Nov. 03, 2025 (GLOBE NEWSWIRE) -- : Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter of 2025.  Michael Stein, Chief Executive Officer of Genie Energy, commented:  "Genie Energy achieved another quarter of double-digit topline growth to attain record third quarter revenue. The revenue increase was fueled by an increase in per meter electricity consumption, rising commodity prices, and RCE base growth at Genie Retail Energy (GRE). However, the challenging market conditions that impacted GRE's second quarter results persisted and again weighed on our bottom-line. "At GRE, we continued to prioritize acquisition of high consumption electric meters. In the third quarter, we grew our electricity customer base to approximately 318,000 RCEs, representing a year-over-year increase of 5.4%. While our gas book contracted, on a combined basis for both electricity and gas, we increased to Show less Read more
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