Genie Energy Ltd. Reports Second Quarter 2018 Results
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Genie Energy (GNE) Reports Q2 Loss of $0.09 on Revenues of $56.4M
August 6, 2018 7:35 AM EDTGenie Energy (NYSE: GNE) reported Q2 EPS of ($0.09). Revenue for the quarter came in at $56.4 million.
Highlights:
(Throughout this release, 2Q18 results are compared to 2Q17 results unless otherwise noted)
Genie Retail Energy's (GRE) income from operations increased to $3.3 million compared to a loss from operations of $9.4 million. Adjusted EBITDA* increased to $3.8 million compared to negative Adjusted EBITDA of... More