Genie Energy Q1 revenue $119.7M (+13.7%), EPS $0.30, declares $0.075 dividend

Genie Energy Ltd.

2024-Q1 EPS reported $0.30 revenue$119,688,000

Revenue $119.7M, up 13.7% YoY; gross profit $33.8M, up 1.5%.
Income from operations $9.8M vs $11.3M YoY; adjusted EBITDA $11.7M vs $12.4M.
EPS $0.30 (GAAP), non-GAAP EPS $0.33; prior-year Q1 included $3.2M tax credit and $3.0M from discontinued ops.
Declared $0.075/share quarterly dividend, payable May 31, 2024 to holders of record May 20, 2024.
Repurchased 250,000 Class B shares for $4.1M during Q1.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Genie Energy Ltd. reported the quarter ended March 31, 2024 results: revenue $119.7 million, net income $8.1 million, EPS $0.30.

Period: the quarter ended March 31, 2024
Revenue: $119.7 million
Net income: $8.1 million
EPS: $0.30
Result: reported results

Exact text from the filing

in the press release. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 7 ex991_1.htm EXHIBIT 99.1 Exhibit 99.1 Genie Energy A nn ounces First Quarter 2024 Results Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels Income from Operations of $9.8 million, Adjusted EBITDA 1 of $11.7 Million and Earnings per Diluted

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

Genie Energy Ltd. filing history →

Source: SEC EDGAR

accession 0001213900-24-040636

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.