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Genie Energy: Q1 Earnings Snapshot

Genie Energy: Q1 Earnings Snapshot

By Ap News
Published - May 08, 2024, 09:06 AM ET
Last Updated - May 27, 2024, 01:00 AM EDT

NEWARK, N.J. (AP) — NEWARK, N.J. (AP) — Genie Energy Ltd. (GNE) on Wednesday reported earnings of $8.1 million in its first quarter.

The Newark, New Jersey-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 33 cents per share.

The provider of oil and gas energy services posted revenue of $119.7 million in the period.

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