{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-040636","form_type":"8-K","ticker":"GNE","cik":"0001528356","company_name":"Genie Energy Ltd.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.850825+00:00","generated_at":"2026-06-02T09:50:22.376681+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Genie Energy Q1 revenue $119.7M (+13.7%), EPS $0.30, declares $0.075 dividend","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-040636","json":"https://secwatch.observer/filing/0001213900-24-040636.json","markdown":"https://secwatch.observer/filing/0001213900-24-040636.md","text":"https://secwatch.observer/filing/0001213900-24-040636.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1528356/000121390024040636/0001213900-24-040636-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1528356/000121390024040636/gne-20240508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T09:50:22.376681+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":"d54d75d75ca550c3da54fcbeef44cf1e57e10c0b","claim":"Genie Energy Ltd. reported the quarter ended March 31, 2024 results: revenue $119.7 million, net income $8.1 million, EPS $0.30.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1528356/000121390024040636/0001213900-24-040636-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$119.7 million"},{"label":"Net income","value":"$8.1 million"},{"label":"EPS","value":"$0.30"},{"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"}