Genie Energy Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
For the six months, sales was USD 190.59 million compared to USD 147.04 million a year ago. Revenue was USD 198.74 million compared to USD 152.87 million a year ago. Net income was USD 29.59 million compared to USD 52.37 million a year ago. Basic earnings per share from continuing operations was USD 0.9. Diluted earnings per share from continuing operations was USD 0.88. Basic earnings per share was USD 1.15 compared to USD 2.01 a year ago. Diluted earnings per share was USD 1.12 compared to USD 1.97 a year ago.