NEWARK, N.J. (AP) _ Genie Energy Ltd. (GNE) on Thursday reported a first-quarter loss of $2 million, after reporting a profit in the same period a year earlier.
The Newark, New Jersey-based company said it had a loss of 9 cents per share.
The provider of oil and gas energy services posted revenue of $135.3 million in the period.
Genie Energy shares have declined 20% since the beginning of the year. The stock has fallen 24% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNE at https://www.zacks.com/ap/GNE
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News