{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-069523","form_type":"8-K","ticker":"GNE","cik":"0001528356","company_name":"Genie Energy Ltd.","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.031197+00:00","generated_at":"2026-06-22T05:22:28.936156+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Genie Energy posts record Q3 net income $18.3M and Adjusted EBITDA $24.5M; exits European retail ops","bullets":["Revenue decreased 7.3% to $81.3M, but gross profit rose 24.7% to $43.1M (53.1% margin vs 39.5%).","Net income from continuing ops attributable to common stockholders: $18.3M ($0.70 diluted EPS) vs loss of $2.7M ($(0.10)) in Q3 2021.","Adjusted EBITDA increased 35.2% to $24.5M; GRE (US retail) generated $27.7M Adjusted EBITDA.","Exited international retail operations (Scandinavia) – classified as discontinued ops; acquired site rights for 64MW solar projects."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-069523","json":"https://secwatch.observer/filing/0001213900-22-069523.json","markdown":"https://secwatch.observer/filing/0001213900-22-069523.md","text":"https://secwatch.observer/filing/0001213900-22-069523.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1528356/000121390022069523/0001213900-22-069523-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1528356/000121390022069523/ea168141-8k_genieenergy.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T05:22:28.936156+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"151a955339380aa9bb5aaab1ae0e6b8760024b5e","claim":"Genie Energy Ltd. reported the quarter ended September 30, 2022 results: revenue $81.3 million, net income $18.3 million, EPS $0.70.","evidence_excerpt":"of 2022 and for all prior periods presented. Third Quarter 2022 Highlights (versus 3Q21 unless otherwise noted; excludes GREI for all periods) ● Revenue decreased 7.3% to $81.3 million from $87.7 million; ● Gross profit increased 24.7% to $43.1 million from $34.6 million, and gross margin increased to 53.1% from 39.5%, driven by strength at GRE; ● Income from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1528356/000121390022069523/0001213900-22-069523-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2022"},{"label":"Revenue","value":"$81.3 million"},{"label":"Net income","value":"$18.3 million"},{"label":"EPS","value":"$0.70"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}