NEWARK, N.J. (AP) _ Genie Energy Ltd. (GNE) on Thursday reported second-quarter profit of $5.4 million.
On a per-share basis, the Newark, New Jersey-based company said it had net income of 19 cents.
The provider of oil and gas energy services posted revenue of $97.7 million in the period.
Genie Energy shares have dropped 18% since the beginning of the year. The stock has declined 29% 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