Genie Energy: Q4 Earnings Snapshot
By AP News
Published - Mar 11, 2024, 08:03 AM ET
Last Updated - Mar 11, 2024, 08:03 AM EDT
NEWARK, N.J. (AP) — NEWARK, N.J. (AP) — Genie Energy Ltd. (GNE) on Monday reported a loss of $24.5 million in its fourth quarter.
The Newark, New Jersey-based company said it had a loss of 90 cents per share. Earnings, adjusted for one-time gains and costs, were 37 cents per share.
The provider of oil and gas energy services posted revenue of $104.9 million in the period.
For the year, the company reported profit of $19.5 million, or 74 cents per share. Revenue was reported as $428.7 million.
