Genie Energy: 2Q Earnings Snapshot
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.