GENIE ENERGY LTD.

(GNE)
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Delayed Nyse  -  04:00 2022-06-24 pm EDT
8.340 USD   +3.60%
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Genie Energy Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022

05/09/2022 | 08:15am EDT

Genie Energy Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 96.29 million compared to USD 104.89 million a year ago. Revenue was USD 98.53 million compared to USD 107.49 million a year ago. Net income was USD 17.89 million compared to net loss of USD 1.99 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to basic loss per share from continuing operations of USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to diluted loss per share from continuing operations of USD 0.05 a year ago.


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Financials (USD)
Sales 2021 364 M - -
Net income 2021 29,2 M - -
Net cash 2021 95,1 M - -
P/E ratio 2021 5,30x
Yield 2021 1,35%
Capitalization 218 M 218 M -
EV / Sales 2020 0,44x
EV / Sales 2021 0,14x
Nbr of Employees 186
Free-Float 75,7%
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Managers and Directors
Michael Menachem Stein Chief Executive Officer
Avi Goldin CFO, Treasurer & Principal Accounting Officer
Howard S. Jonas Chairman
William Wesley Perry Lead Independent Director
Allan Sass Independent Outside Director
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