secwatch.observer — SEC 8-K summary
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Issuer:     Genie Energy Ltd. (GNE)
CIK:        0001528356
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0001213900-25-021918
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genie Energy Q4 Adj. EBITDA $11.1M; FY2024 Adj. EBITDA $48.5M at high end of guidance
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- Q4 revenue $102.9M (-1.9% YoY); GAAP net loss $0.58/diluted share vs $0.90 loss in Q4 2023.
- FY2024 Adj. EBITDA $48.5M (high end of $40-50M guidance); FY2025 guidance maintained at $40-50M.
- Added 60k+ net meters in 2024 (+17%); repurchased ~661k shares for $10.4M in 2024.
- Non-GAAP net income (excl. insurance reserve) $38.1M ($1.40 EPS) vs $52.1M ($2.00) in 2023.
- Paid $0.075/ share quarterly dividend on Feb 26, 2025; record date Feb 18, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1528356/000121390025021918/0001213900-25-021918-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1528356/000121390025021918/gne-20250310.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-021918

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