Spark Energy (SPKE) Misses Q1 EPS by 20c
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Spark Energy, Inc. Reports First Quarter 2015 Financial Results
May 13, 2015 5:04 PM EDTHOUSTON, May 13, 2015 (GLOBE NEWSWIRE) -- Spark Energy, Inc. (Nasdaq: SPKE), a Delaware corporation ("Spark"), today reported financial results for the quarter ended March 31, 2015.
For the first quarter of 2015, Adjusted EBITDA was $10.2 million and Retail Gross Margin was $27.9 million on revenue of $101.8 million, compared to Adjusted EBITDA of $9.3 million and Retail Gross Margin of $17.7 million for the first quarter of 2014. We invested $5.6 million in organic customer acquisition costs for the quarter ended March 31, 2015 compared to $5.2 million for the quarter ended March 31, 2014.
"We are very pleased with our first quarter results," said Nathan... More
Spark Energy, Inc. Reports First Quarter 2015 Financial Results
May 13, 2015 5:04 PM EDTHOUSTON, May 13, 2015 (GLOBE NEWSWIRE) -- Spark Energy, Inc. (Nasdaq: SPKE), a Delaware corporation ("Spark"), today reported financial results for the quarter ended March 31, 2015.
For the first quarter of 2015, Adjusted EBITDA was $10.2 million and Retail Gross Margin was $27.9 million on revenue of $101.8 million, compared to Adjusted EBITDA of $9.3 million and Retail Gross Margin of $17.7 million for the first quarter of 2014. We invested $5.6 million in organic customer acquisition costs for the quarter ended March 31, 2015 compared to $5.2 million for the quarter ended March 31, 2014.
"We are very pleased with our first quarter results," said Nathan... More
