Genie Energy: 2Q Earnings Snapshot
Aug. 06, 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.