Genie Energy Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was USD 303.97 million compared to USD 315.75 million a year ago. Revenue was USD 315.54 million compared to USD 323.27 million a year ago.

Net income was USD 87.81 million compared to USD 29.21 million a year ago. Basic earnings per share was USD 3.35 compared to USD 1.06 a year ago. Diluted earnings per share was USD 3.26 compared to USD 1.05 a year ago.