earnings
confidence high
sentiment neutral
materiality 0.65
Via Renewables Q3 net income $34.7M, Retail Gross Margin $30.9M, declares dividends
Via Renewables, Inc.
2021-Q3 EPS reported
$0.79
revenue$293,179,000
- Net income $34.7M vs $22.6M YoY; Retail Gross Margin $30.9M down from $47.0M.
- Adjusted EBITDA $22.0M vs $27.7M YoY; total RCE count 368,000 (+6% vs Jun 30).
- Senior Credit Facility amended and extended to Oct 2023; new Acquisition Line added for renewable energy.
- Declared quarterly dividend of $0.18125/share on Class A common, $0.546875 on Series A Preferred.
- CEO cites customer growth from acquisitions and organic channels; forecasts future growth.