Published on 7 Oct 2024 on GuruFocus.com · via Yahoo Finance
Genie Energy Ltd (GNE) Q2 2024 Earnings Call Highlights: Navigating Revenue...
Consolidated Revenue: Decreased 3% to $90.7 million from $93.5 million.GRE Revenue: Decreased 3.4% to $86.7 million.GREW Revenue: Decreased 6.6% to $4 million.Consolidated Gross Profit: $33.3 million with a gross margin of 36.8%.GRE Gross Profit: $32.7 million with a gross margin of 37.2%.Consolidated SG&A: Decreased 5% to $22 million from $23.2 million.Consolidated Income from Operations: $10.6 million.Adjusted EBITDA: $12 million, down from $15.8 million.Income per Diluted Share: $0.36 compared to $0.57 a year earlier.Cash and Equivalents: Totaled $178.3 million.Working Capital: $132.8 million.Share Repurchases: Approximately 169,000 shares repurchased.
Warning! GuruFocus has detected 5 Warning Sign with GNE.