Genie Energy Ltd.

GNE

US3722842081

Electric Utilities

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
15.51 ^USD	-1.21%		-2.45%	-44.86%

Mar. 22	Sector Update: Energy Stocks Edge Higher Premarket Friday	MT
Mar. 21	Genie Energy Subsidiary Acquires Solar Development Project	MT

Genie Energy Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023

May 08, 2023 at 07:47 am EDT

Genie Energy Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 101.41 million compared to USD 83.88 million a year ago. Revenue was USD 105.28 million compared to USD 85.93 million a year ago.

Net income was USD 14.43 million compared to USD 17.89 million a year ago. Basic earnings per share from continuing operations was USD 0.44 compared to USD 0.75 a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.74 a year ago.

Basic earnings per share was USD 0.56 compared to USD 0.68 a year ago. Diluted earnings per share was USD 0.54 compared to USD 0.67 a year ago.

Latest news about Genie Energy Ltd.

Sector Update: Energy Stocks Edge Higher Premarket Friday	Mar. 22	MT
Genie Energy Subsidiary Acquires Solar Development Project	Mar. 21	MT
Genie Energy to Seeks Acquisitions	Mar. 11	CI
Transcript : Genie Energy Ltd., Q4 2023 Earnings Call, Mar 11, 2024	Mar. 11
Earnings Flash (GNE) GENIE ENERGY Reports Q4 Revenue $104.9M	Mar. 11	MT
Earnings Flash (GNE) GENIE ENERGY Reports Q4 EPS $0.36	Mar. 11	MT
Genie Energy Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 11	CI
North American Morning Briefing : Stock Futures -2-	Mar. 11	DJ
Sector Update: Energy Stocks Gain Late Friday Afternoon	Jan. 26	MT
Sector Update: Energy Stocks Mixed in Friday Afternoon Trading	Jan. 26	MT
Genie Energy Forms Self-Insurance Subsidiary	Jan. 26	MT
Genie Energy Insider Sold Shares Worth $416,376, According to a Recent SEC Filing	Dec. 19	MT
Genie Energy Insider Sold Shares Worth $113,615, According to a Recent SEC Filing	Dec. 07	MT
Sector Update: Energy Stocks Decline Late Afternoon	Nov. 27	MT
Sector Update: Energy Stocks Decline Monday Afternoon	Nov. 27	MT
Genie Energy Unit Acquires 9.4 MW-DC Solar Array Portfolio	Nov. 27	MT
Genie Energy Insider Sold Shares Worth $156,402, According to a Recent SEC Filing	Nov. 14	MT
Tranche Update on Genie Energy Ltd.'s Equity Buyback Plan announced on May 10, 2013.	Nov. 08	CI
Transcript : Genie Energy Ltd., Q3 2023 Earnings Call, Nov 06, 2023	Nov. 06
Genie Energy Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 06	CI
Earnings Flash (GNE) GENIE ENERGY Posts Q3 Revenue $125M	Nov. 06	MT
North American Morning Briefing : Stocks Look to -2-	Nov. 06	DJ
Tranche Update on Genie Energy Ltd.'s Equity Buyback Plan announced on May 10, 2013.	23-08-08	CI
Transcript : Genie Energy Ltd., Q2 2023 Earnings Call, Aug 07, 2023	23-08-07
Earnings Flash (GNE) GENIE ENERGY Reports Q2 Revenue $93.5M	23-08-07	MT

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Company Profile

Genie Energy Ltd. is a retail energy and renewable energy solutions provider. The Company has two segments: Genie Retail Energy (GRE) and Genie Renewables. GRE segment supplies electricity and natural gas to residential and small business customers through retail energy providers (REPs) operating in certain deregulated markets within the United States. GRE owns and operates REPs, including IDT Energy, Inc., Residents Energy, LLC, Town Square Energy, LLC and others. The Genie Renewables division is a vertically integrated provider of commercial, community, and utility-scale solar energy solutions. The segment includes three lines of businesses: Genie Solar, which is an integrated solar energy company that develops, constructs and operates solar energy projects for commercial and industrial (C&I) customers, as well as its own portfolio; CityCom Solar, which markets community solar energy solutions, and Diversegy LLC, which provides energy brokerage and advisory services to C&I customers.

Sector

Electric Utilities

Calendar

2024-05-08 - Q1 2024 Earnings Release

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