Genie Energy Ltd. (GNE) released earnings for its first quarter that increased from last year
The company's earnings came in at $10.63 million, or $0.40 per share. This compares with $8.12 million, or $0.30 per share, last year.
Excluding items, Genie Energy Ltd. reported adjusted earnings of $11.1 million or $0.42 per share for the period.
The company's revenue for the period rose 14.3% to $136.80 million from $119.68 million last year.
Genie Energy Ltd. earnings at a glance (GAAP) :
-Earnings: $10.63 Mln. vs. $8.12 Mln. last year.-EPS: $0.40 vs. $0.30 last year.-Revenue: $136.80 Mln vs. $119.68 Mln last year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.