earnings
confidence high
sentiment positive
materiality 0.70
Genie Energy Q2 net income jumps to $11.4M from $2.3M; EPS $0.43
Genie Energy Ltd.
- Revenue $100.4M, down 5% YoY from $105.3M; gross margin expanded to 33.5% from 22.3%.
- Net income attributable to common stockholders $11.4M ($0.43 EPS) vs $2.3M ($0.09) in 2Q25.
- Adjusted EBITDA $7.5M, up from $3.0M; operating income $6.5M vs $2.3M.
- Quarterly dividend of $0.075/share payable Aug 24, record Aug 14; repurchased 48K shares for $659K.
- Cash and equivalents $204.3M at June 30, 2026.