Genie Energy (GNE) Reports Q1 EPS of $0.67

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Genie Energy Announces First Quarter Results

May 9, 2022 7:58 AM EDT

Record Gross Profit of $45.5 million and Gross Margin of 46.2%

Record Net Income Attributable to Common Stockholders of $17.5 million, diluted EPS of $0.67 and Adjusted EBITDA1 of $25.7 million

NEWARK, N.J., May 9, 2022 /PRNewswire/ -- Genie Energy, Ltd. (NYSE: GNE, GNEPRA), a leading retail and renewable energy solutions provider, today announced results for its first quarter ended March 31, 2022.

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