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GenOn Energy (GEN) Reports Q1 Results; Raises EBITDA Guidance

May 10, 2012 7:20 AM EDT Send to a Friend
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GenOn Energy, Inc. (NYSE: GEN) reported adjusted EBITDA of $101 million for the first quarter of 2012 compared to $205 million for the same period of 2011. The adjusted net loss was $76 million for the first quarter of 2012 compared to adjusted net income of $7 million for the same period last year.

GenOn reported a net loss of $32 million for the first quarter of 2012 compared to a net loss of $111 million for the same period of 2011.

Raised Adjusted EBITDA Guidance to $446 Million From $440 Million for 2012

Raised Adjusted EBITDA Guidance to $669 Million From $665 Million for 2013




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