Via Renewables, Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Via Renewables, Inc. - Class A (VIA)
US:NASDAQ Investor Relations:
ir.viacom.com
Company Research
Source: Yahoo! Finance
energy services company, today reported financial results for the quarter ended March 31, 2024. Key Highlights Achieved $19.1 million in Net Income and $15.1 million in Adjusted EBITDA for the first quarter Achieved $45.1 million in Gross Profit and $35.7 million in Retail Gross Margin for the first quarter Total RCE count of 338,000 as of March 31, 2024, up from 335,000 as of December 31, 2023 Average monthly attrition of 3.9% "In the first quarter commodity prices remained relatively stable and we experienced milder than normal weather. We ended the quarter with 338k RCEs, up from 335k at the end of 2023 despite higher attrition. Elevated attrition was expected because it is a side effect of increased sales activity. We added approximately 41,000 RCEs in the first quarter and had an average attrition of 3.9%," said Keith Maxwell, Via Renewables' President and Chief Executive Officer. Summary First Quarter2024 Financial Results Net Income for the quarter ended March 3
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News
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- Via Renewables, Inc. (NASDAQ: VIA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Via Renewables, Inc. (NASDAQ:VIA) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Via Renewables, Inc. (NASDAQ: VIA) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
VIA
Sec Filings
- 5/14/24 - Form DEFA14A
- 5/13/24 - Form DEFA14A
- 5/2/24 - Form DEFA14A
- VIA's page on the SEC website