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OFFON

GENIE ENERGY LTD.

(GNE)
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Genie Energy Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020

11/06/2020 | 07:45am EDT

Genie Energy Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 96.326 million compared to USD 85.713 million a year ago. Operating income was USD 8.485 million compared to USD 6.945 million a year ago. Net income was USD 6.728 million compared to USD 5.247 million a year ago. For the nine months, total revenue was USD 276.452 million compared to USD 233.338 million a year ago. Operating income was USD 20.428 million compared to USD 7.502 million a year ago. Net income was USD 14.524 million compared to USD 3.851 million a year ago.


ę S&P Capital IQ 2020
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Financials (USD)
Sales 2020 379 M - -
Net income 2020 13,2 M - -
Net cash 2020 36,2 M - -
P/E ratio 2020 16,4x
Yield 2020 3,54%
Capitalization 179 M 179 M -
EV / Sales 2019 0,58x
EV / Sales 2020 0,40x
Nbr of Employees 202
Free-Float 69,7%
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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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