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Genie Energy Ltd. Profit Falls In Q3

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Genie Energy Ltd. (GNE) announced earnings for third quarter that Drops, from last year

The company's earnings totaled $6.743 million, or $0.26 per share. This compares with $10.199 million, or $0.38 per share, last year.

Excluding items, Genie Energy Ltd. reported adjusted earnings of $7.1 million or $0.27 per share for the period.

The company's revenue for the period rose 23.6% to $138.324 million from $111.917 million last year.

Genie Energy Ltd. earnings at a glance (GAAP) :

-Earnings: $6.743 Mln. vs. $10.199 Mln. last year.
-EPS: $0.26 vs. $0.38 last year.
-Revenue: $138.324 Mln vs. $111.917 Mln last year.

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