earnings
confidence high
sentiment neutral
materiality 0.60
Via Renewables Q2 2023 Net Income $19.1M vs $12.5M a year ago
Via Renewables, Inc.
2023-Q2 EPS reported
$0.82
revenue$223,251,000
- Adjusted EBITDA $12.0M in Q2 2023 vs $13.3M in Q2 2022; Retail Gross Margin $30.7M (+$7.0M YoY).
- Total RCE count 346,000 at June 30, 2023, up from 339,000 at March 31, 2023.
- Total liquidity $86.3M; common stock dividend remains suspended; preferred dividend of $0.75922 declared.
- Net income increase driven by hedge mark-to-market; Q2 2022 included $9.6M Winter Storm Uri benefit.