Genie Energy Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
For the nine months, sales was USD 309.58 million compared to USD 226.96 million a year ago. Revenue was USD 323.79 million compared to USD 234.15 million a year ago. Net income was USD 44.05 million compared to USD 71.14 million a year ago. Basic earnings per share from continuing operations was USD 1.48. Diluted earnings per share from continuing operations was USD 1.45. Basic earnings per share was USD 1.71 compared to USD 2.72 a year ago. Diluted earnings per share was USD 1.68 compared to USD 2.65 a year ago.