Genie Energy (GNE) Q4 2024 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]
Genie Energy Ltd. Class B Stock (GNE)
Last genie energy ltd. class b stock earnings: 11/8 07:30 am
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Source: Globe and Mail, The
Chief Financial Officer — Avi Goldin TAKEAWAYS Consolidated Revenue -- $102.9 million, down 1.9%, or $2 million, compared to the prior-year quarter. Genie Retail Energy (GRE) Segment Revenue -- $98.4 million, flat year over year, with electricity revenue unchanged at $82.1 million, and natural gas revenue increasing 7.5% to $16.2 million. GRE Net Meter Additions -- 23,000 net new meters in the quarter, and over 60,000 meters added for the year, representing nearly 17% annual growth in meters. GRE Gross Profit -- $31.9 million, down 1.8% year over year, with a margin decline of 55 basis points to 32.4% due to electricity margin compression, partially offset by stronger gas margins. GREW (Genie Renewables) Revenue -- $4.5 million in the quarter, down 30.1%, due to strategic focus shift and lower revenues from Genie Solar and CityCom Solar, despite strong growth at Diversegy. GREW Gross Profit -- $1.5 million, up 38% year over year, with a gross margin of 33.9%. Consolid
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News
- Genie Energy Receives NYSE Notice Regarding Delayed 10-K FilingGlobeNewswire
- Genie Energy Q4 preliminary report [Seeking Alpha]Seeking Alpha
- Genie Energy Announces Select, Preliminary, Unaudited, Interim Financial Results [Yahoo! Finance]Yahoo! Finance
- Genie Energy Announces Select, Preliminary, Unaudited, Interim Financial ResultsGlobeNewswire
- Genie Energy's (NYSE:GNE) Dividend Will Be $0.075 [Yahoo! Finance]Yahoo! Finance
GNE
Sec Filings
- 4/7/26 - Form 8-K
- 3/26/26 - Form 8-K
- 3/19/26 - Form 8-K
- GNE's page on the SEC website