Genie Energy: 2Q Earnings Snapshot

August 6, 2018

NEWARK, N.J. (AP) _ Genie Energy Ltd. (GNE) on Monday reported a loss of $1.9 million in its second quarter.

On a per-share basis, the Newark, New Jersey-based company said it had a loss of 9 cents. Losses, adjusted for non-recurring costs, were 2 cents per share.

The provider of oil and gas energy services posted revenue of $56.4 million in the period.

Genie Energy shares have climbed 23 percent since the beginning of the year. The stock has dropped 13 percent 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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