GNE - Earnings announcements

Newark, NJ , Nov. 03, 2025 (GLOBE NEWSWIRE) -- : Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter of 2025.  Michael Stein, Chief Executive Officer of Genie Energy, commented:  "Genie Energy achieved another quarter of double-digit topline growth to attain record third quarter revenue. The revenue increase was fueled by an increase in per meter electricity consumption, rising commodity prices, and RCE base growth at Genie Retail Energy (GRE). However, the challenging market conditions that impacted GRE's second quarter results persisted and again weighed on our bottom-line. "At GRE, we continued

NEWARK, NJ, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the third quarter of 2025 on Monday, November 3, 2025. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will begi

Newark, NJ, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the second quarter of 2025.  Michael Stein, Chief Executive Officer of Genie Energy, commented:  "Our second quarter yielded mixed results with solid operational progress and double-digit topline growth, while significant margin compression at GRE weighed on our bottom-line.  "At GRE, we expanded our customer base in the second quarter to approximately 419,000 meters served comprising 414,000 RCEs, representing year-over-year growth of 15% and 20% in meters and RCE's, respectively. GRE's financial results were impacted

NEWARK, NJ, July 29, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the second quarter of 2025 on Thursday, August 7, 2025. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will beg

Newark, NJ, May 06, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2025.  Michael Stein, Chief Executive Officer of Genie Energy, commented:  "Our first quarter featured strong operational and financial results, highlighted by robust increases in revenue, profitability and cash generation compared to the year ago quarter. "At GRE, the significant investments we made in 2024 to expand our customer base drove a year-over-year increase of over 48,000 net new meters. We ended the quarter with approximately 413,000 meters served comprising 402,000 RCEs. Customer base gro

NEWARK, NJ, April 23, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2025 on Tuesday, May 6, 2025. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will begin w

Fourth quarter Adjusted EBITDA1 of $11.1 million Full-year 2024 Adjusted EBITDA of $48.5 million achieves high end of guidance GRE adds over 60,000 net meters in 2024, expanding customer base 17% Newark, NJ, March 10, 2025 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the fourth quarter and full year ended December 31, 2024.  Michael Stein, CEO Commentary  "Genie finished 2024 with a solid fourth quarter across both our retail and renewables businesses, even as we continued to invest significantly in growth initiatives. For the full year, we achieved the high end of our Adjusted EBITDA gu

NEWARK, NJ, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2024 on Monday, March 10, 2025. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call

Newark, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter of 2024.  Michael Stein, chief executive officer of Genie Energy, commented:  "Our third quarter featured strong operational and financial results consistent with our performance in recent quarters. We are on track to deliver the high end of our full year Adjusted EBITDA guidance of $40 to $50 million.  "At GRE, our retail energy business, we added 36,000 net new meters during the quarter driven by organic sales activity and a large aggregation deal. Electricity and gas margins remained rob

NEWARK, NJ, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the third quarter of 2024 on Wednesday, November 6th, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call will

Newark, NJ, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the second quarter of 2024.  Michael Stein, chief executive officer of Genie Energy, commented:  "Our solid second quarter results reflect the investments in meter and RCE growth we made in the first half of last year, combined with a stable, normalized retail energy environment. We also delivered a solid performance at Genie Renewables, where Diversegy and our operational solar farms helped drive 7% revenue growth and over 700 basis points of gross margin expansion. "Our strong performance over

NEWARK, NJ, July 17, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the second quarter of 2024 on Tuesday, August 6th, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The ca

 Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels Income from Operations of $9.8 million, Adjusted EBITDA1 of $11.7 Million and Earnings per Diluted Share of $0.30  Repurchased 250,000 Shares of Class B Common Stock Newark, NJ, May 08, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of 2024.  Michael Stein, chief executive officer of Genie Energy, commented:  "We reported record first quarter revenue and gross profits, led by Genie Retail Energy,

NEWARK, NJ, April 24, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter of 2024 on Wednesday, May 8, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The call

Record Fourth Quarter and Full Year Revenue Full-year 2023 Adjusted EBITDA1 exceeded upper range of prior guidance Cash and cash equivalents, short and long-term restricted cash, and marketable equity securities increased 55% year-over-year to $163.4 million with no debt outstanding Newark, NJ , March 11, 2024 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the fourth quarter and full year ended December 31, 2023.  Michael Stein, chief executive officer of Genie Energy, commented: "Genie finished a strong year with record fourth quarter and full-year

NEWARK, NJ, March 05, 2024 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2023 on Monday, March 11, 2024. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strateg

Revenue increased 54% year-over-year to a quarterly record $125 million Increased 2023 Adjusted EBITDA1 guidance to $52 million to $57 million (versus prior guidance of $47 million to $55 million) Year-over-year RCE and meter growth of 49% and 42% respectively Newark, NJ, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Genie Energy, Ltd. (NYSE:GNE), a leading retail energy and renewable energy solutions provider, today announced results for the third quarter ended September 30, 2023.  Michael Stein, chief executive officer of Genie Energy, commented: "Our third quarter results were highlighted by record quarterly revenue and the strong bottom-line performance of our domestic ene

NEWARK, NJ, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the third quarter of 2023 on Monday, November 6, 2023. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conference call to discuss financial and operational results, business outlook, and strategy. The

NEWARK, N.J., July 26, 2023 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the second quarter of 2023 on Monday, August 7, 2023.    Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern.  The release also will be filed in a current report (Form 8-K) with the SEC.     At 8:30 AM Eastern, Genie Energy's managem

Sequential quarterly meter and RCE growth of 27% and 34%, respectively NEWARK, N.J., May 8, 2023 /PRNewswire/ -- Genie Energy, Ltd. (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, today announced results for its first quarter ended March 31, 2023. Michael Stein, chief executive officer of Genie Energy, commented: "We had a very strong first quarter delivering excellent bottom line results and efficiently expanding our retail customer portfolio.  While our results in the year ago quarter were exceptional, this quarter was among the stronge

NEWARK, N.J., April 27, 2023 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the first quarter 2023 on Monday, May 8, 2023.   Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC.   At 8:30 AM Eastern, Genie Energy's management will h

Fourth Quarter Operating Income Increased 167% Year-Over-Year Record Full-Year Operating Income of $77.8 million, Adjusted EBITDA1 of $83.2 million and EPS of $3.26 NEWARK, N.J., March 13, 2023 /PRNewswire/ -- Genie Energy, Ltd. (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, today announced results for its fourth quarter and year ended December 31, 2022. "We completed a record year for gross margin, profits and Adjusted EBITDA on a high note," said Michael Stein, chief executive officer. "Genie Retail Energy (GRE) capped off a very stron

NEWARK, N.J., March 1, 2023 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the fourth quarter and full year 2022 on Monday, March 13, 2023. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's mana

Reports record third-quarter gross profit, net income and Adjusted EBITDA1 Acquired site rights to build up to 64MW (megawatts) of solar projects NEWARK, N.J., Nov. 7, 2022 /PRNewswire/ -- Genie Energy, Ltd. (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, today announced results for its third quarter ended September 30, 2022. "We reported record third quarter profit metrics driven by strength in Genie Retail Energy (GRE), our domestic retail energy business," said Michael Stein, chief executive officer. "GRE continued to outperform in a

NEWARK, N.J., Oct. 27, 2022 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE), (NYSE:GNEPRA), a leading retail energy and renewable energy solutions provider, will announce financial and operational results for the third quarter of 2022 on Monday, November 7, 2022.    Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern.  The release also will be filed in a current report (Form 8-K) with the SEC.     At 8:30 AM Eastern, Genie Energy's m

Reports record second-quarter gross profit, net income and Adjusted EBITDA1 Repurchased 639,000 shares of Class B Common Stock and $2 million of Preferred Stock Announced formation of Sunlight Energy Investments to invest in commercial, community and utility-scale solar projects NEWARK, N.J., Aug. 8, 2022 /PRNewswire/ -- Genie Energy, Ltd. (NYSE:GNE, GNEPRA))), a leading retail energy and renewable energy solutions provider, today announced results for its second quarter ended June 30, 2022. "The drivers of our record first quarter results carried over into the second quarter,

NEWARK, N.J., July 25, 2022 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a global provider of energy services, will announce financial and operational results for the second quarter of 2022 on Monday, August 8, 2022.    Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/quarterly-earnings/) at 7:30 AM Eastern.  The release also will be filed in a current report (Form 8-K) with the SEC.     At 8:30 AM Eastern, Genie Energy's management will host a conference

Record Gross Profit of $45.5 million and Gross Margin of 46.2% Record Net Income Attributable to Common Stockholders of $17.5 million, diluted EPS of $0.67 and Adjusted EBITDA1 of $25.7 million NEWARK, N.J., May 9, 2022 /PRNewswire/ -- Genie Energy, Ltd. (NYSE:GNE, GNEPRA))), a leading retail and renewable energy solutions provider, today announced results for its first quarter ended March 31, 2022. "Genie had an amazing start to the year with record quarterly results across numerous key profitability metrics," said Michael Stein, chief executive officer. "Genie Retail Energy,

NEWARK, N.J., April 27, 2022 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a global provider of energy services, will announce financial and operational results for the first quarter of 2022 on Monday, May 9th, 2022.    Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/investor-relations/) at 7:30 AM Eastern.  The release also will be filed in a current report (Form 8-K) with the SEC.     At 8:30 AM Eastern, Genie Energy's management will host a conference c

NEWARK, N.J., March 10, 2022 /PRNewswire/ -- Genie Energy, Ltd. (NYSE:GNE, GNEPRA))), a leading retail energy provider in deregulated markets in the United States and Scandinavia and a provider of renewable energy solutions in the U.S., today announced results for its fourth quarter and full-year ended December 31, 2021. "Genie finished the year on a high note, reporting strong numbers across our three segments," said Michael Stein, chief executive officer. "We were well-positioned from a risk management perspective heading into the Winter months in our U.S. retail business (G

NEWARK, N.J., Feb. 25, 2022 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a global provider of energy services, will announce financial and operational results for the fourth quarter and full-year 2021 on Thursday, March 10, 2022.    Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/investor-relations/) at 7:30 AM Eastern. The release also will be filed in a current report (Form 8-K) with the SEC.     At 8:30 AM Eastern, Genie Energy's management will host a

NEWARK, N.J., Nov. 4, 2021 /PRNewswire/ -- Genie Energy, Ltd. (NYSE:GNE, GNEPRA))), a leading retail energy provider in deregulated markets in the U.S. and select markets in Europe, and a provider of renewables solutions in the U.S., today announced results for its third quarter ended September 30, 2021. "Genie Energy performed exceptionally well this quarter, generating record gross margin, gross profit and Adjusted EBITDA," said Michael Stein, chief executive officer.  "Our performance was highlighted by strong results from both our U.S. and Scandinavian energy supply busine

NEWARK, N.J., Oct. 28, 2021 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a global provider of energy services, will announce financial and operational results for the third quarter of 2021 on Thursday, November 4, 2021. Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/investor-relations/) at 7:30 AM Eastern.  The release also will be filed in a current report (Form 8-K) with the SEC. At 8:30 AM Eastern, Genie Energy's management will host a conferenc

NEWARK, N.J., Aug. 5, 2021 /PRNewswire/ -- Genie Energy, Ltd. (NYSE:GNE, GNEPRA))), a leading retail energy provider in deregulated markets in the U.S. and Europe and a provider of renewables solutions in the U.S., today announced results for its second quarter – the three months ended June 30, 2021. "We generated very strong net income and global customer base expansion in the second quarter driven by organic meter growth in our international operations as they moved towards profitability," said Michael Stein, Chief Executive Officer. "In the U.S., we were encouraged by the d

NEWARK, N.J., July 28, 2021 /PRNewswire/ -- Genie Energy Ltd., (NYSE:GNE, GNEPRA))), a global provider of energy services, will announce financial and operational results for the second quarter of 2021 on Thursday, August 5, 2021.  Genie Energy will issue an earnings release over a wire service and post it in the "Investors" section of the Genie Energy website (https://genie.com/investors/investor-relations/) at 7:30 AM Eastern.  The release also will be filed in a current report (Form 8-K) with the SEC.   At 8:30 AM Eastern, Genie Energy's management will host a conference