{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-083651","form_type":"8-K","ticker":"GNE","cik":"0001528356","company_name":"Genie Energy Ltd.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.382949+00:00","generated_at":"2026-06-08T19:52:31.859577+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Genie Energy Q3 revenue up 54% to record $125M; raises FY 2023 Adj. EBITDA guidance to $52-57M","bullets":["Revenue $125M (+53.8% YoY); gross margin 32.9% vs 53.1% as energy markets normalized.","Diluted EPS from continuing ops $0.54 vs $0.85; net income from cont. ops $14.8M vs $22.3M.","Raised 2023 Adj. EBITDA guidance to $52-57M from prior $47-55M.","Retail Energy RCEs +49% to 375k; meters +42% to 385k; churn improved to 4.4% from 4.7%.","Solar pipeline: 17 projects (114 MW) in dev; 2 under construction (10 MW). Dividend $0.075/sh payable Nov 21."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-083651","json":"https://secwatch.observer/filing/0001213900-23-083651.json","markdown":"https://secwatch.observer/filing/0001213900-23-083651.md","text":"https://secwatch.observer/filing/0001213900-23-083651.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1528356/000121390023083651/0001213900-23-083651-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1528356/000121390023083651/gne-20231106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T19:52:31.859577+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":"925f2750954b38ba48ea1f6c673c0725019d2874","claim":"Genie Energy Ltd. reported for the third quarter ended September 30, 2023 results: revenue Revenue increased 53.8% to $ 125.0 million, net income Net income from continuing operations attributable to Genie common stockholders decreased to $ 14.8 million, EPS diluted income per share EPS from continuing operations decreased to $ 0.54. Guidance raised.","evidence_excerpt":"Genie Energy Announces Third Quarter 2023 Results Revenue increased 54 % year-over-year to a quarterly record $ 125 million Increased 2023 Adjusted EBITDA 1 guidance to $52 million to $57 million (versus prior guidance of $47 million to $55 million)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1528356/000121390023083651/0001213900-23-083651-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the third quarter ended September 30, 2023"},{"label":"Revenue","value":"Revenue increased 53.8% to $ 125.0 million"},{"label":"Net income","value":"Net income from continuing operations attributable to Genie common stockholders decreased to $ 14.8 million"},{"label":"EPS","value":"diluted income per share EPS from continuing operations decreased to $ 0.54"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"92f67119d0ced558c4d641d20a1b8cd13241df2d","claim":"Genie Energy Ltd. updated its for fiscal year 2023 guidance (raised).","evidence_excerpt":"we are increasing our previous consolidated 2023 Adjusted EBITDA guidance range of $47 to $55 million to $52 to $57 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1528356/000121390023083651/0001213900-23-083651-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for fiscal year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}