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Stock impact report

Genie Energy (GNE) Q3 2025 Earnings Transcript [Yahoo! Finance]

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: Yahoo! Finance
Chief Financial Officer — Avi Goldin Full Conference Call Transcript Michael Stein: Thank you, operator. Genie Energy achieved another quarter of double-digit top line growth, leading to record high third quarter revenue. The revenue increase was fueled by an increase in per meter electricity consumption, rising commodity prices and RCE-based growth at GRE. However, the challenging market conditions that impacted GRE's second quarter results persisted in the third quarter and again weighed on our bottom line with diluted EPS decreasing to $0.26 per share from $0.38 per share. Throughout 2023 and 2024, we were able to generate strong margins, thanks to favorable market conditions and our ability to monetize a portion of our forward hedge positions. So far this year, the rapid run-up in energy commodity prices has cut against us and outstripped the protection afforded by our commodity hedges. The financial impact of this rapidly rising commodity price environment has been somewha Show less Read more
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