Genie Energy Ltd. Reports Third Quarter 2020 Results

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Genie Energy (GNE) Reports Q3 EPS of $0.24 on Revenues of $96.3M

November 6, 2020 7:37 AM EST

Genie Energy (NYSE: GNE) reported Q3 EPS of $0.24, versus $0.18 reported last year. Revenue for the quarter came in at $96.3 million, versus $85.7 million reported last year.

HIGHLIGHTS (Throughout this release, 3Q20 results are compared to 3Q19 results unless otherwise noted)

By quarter end, Genie had expanded its global customer base to the highest level in company history. Global RCEs rose to 442,000 and global meters to 558,000,... More