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Genie Energy: 2Q Earnings Snapshot

August 5, 2019

NEWARK, N.J. (AP) _ Genie Energy Ltd. (GNE) on Monday reported a loss of $7.5 million in its second quarter.

On a per-share basis, the Newark, New Jersey-based company said it had a loss of 29 cents.

The provider of oil and gas energy services posted revenue of $61 million in the period.

Genie Energy shares have increased 77% since the beginning of the year. The stock has risen 99% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GNE at https://www.zacks.com/ap/GNE

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