Genie Energy (GNE) Widens Q4 Loss
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Genie Energy Ltd. Reports Fourth Quarter and Full Year 2014 Results
March 11, 2015 7:30 AM EDTNEWARK, NJ -- (Marketwired) -- 03/11/15 -- Genie Energy Ltd. (NYSE: GNE) (NYSE: GNEPRA) reported fourth quarter 2014 revenue of $49.7 million, negative Adjusted EBITDA* of $5.0 million, and a net loss attributable to common stockholders of $10.8 million ($(0.50) per basic and diluted share). For the full year, Genie Energy reported consolidated revenue of $275.0 million, negative Adjusted EBITDA of $11.4 million, and a net loss attributable to common stockholders of $27.9 million ($(1.31) per basic and diluted share).
Genie Energy's Afek subsidiary spudded its first... More