Genie Energy Ltd (GNE) Q3 2024 Earnings Call Highlights: Strong Operational Income Amid Revenue ... [Yahoo! Finance]
Genie Energy Ltd. Class B Stock (GNE)
Last genie energy ltd. class b stock earnings: 11/8 07:30 am
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Source: Yahoo! Finance
Revenue: Decreased 10.5% to $111.9 million in Q3 2024. GRE Revenue: Declined 12.1% to $105.8 million in Q3 2024. Grew Revenue: Increased 29.2% to $6.1 million in Q3 2024. Gross Profit: $37.9 million with a gross margin of 33.9% in Q3 2024. SG&A Expenses: Increased 8.5% to $25.2 million in Q3 2024. Net Income per Diluted Share: $0.38 in Q3 2024. Cash and Equivalents: $191.7 million as of September 30, 2024. Share Repurchases: Approximately 123,000 shares repurchased in Q3 2024. Warning! GuruFocus has detected 4 Warning Sign with GNE. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Genie Energy Ltd ( NYSE:GNE ) reported strong third-quarter results with $12 million in income from operations and $14 million in adjusted EBITDA. The company added approximately 36,000 net new meters in its retail energy business, contributing to a 3.5% increase in meters served compared to the previo
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News
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GNE
Sec Filings
- 12/12/24 - Form S-8
- 12/5/24 - Form 8-K
- 11/22/24 - Form 4
- GNE's page on the SEC website