GNE's Q1 profit slumps as margin pressure and higher investments prompt the company to lower its 2026 EBITDA outlook.
Genie Energy NYSE: GNE lowered its full-year 2026 adjusted EBITDA outlook after a first quarter in which record revenue was offset by weaker retail energy margins, higher customer acquisition spending and investment in early-stage growth initiatives.
Genie Energy Ltd. (GNE) Q1 2026 Earnings Call Transcript
GNE posts higher y/y revenues for 2025, but earnings and margins decline as rising wholesale energy costs pressure profitability.
GNE highlights revenue growth despite lower earnings, and projects improved performance in 2026 amid ongoing investments and accounting restatements.
Genie Energy Ltd. ( GNE ) Q3 2025 Earnings Call November 3, 2025 8:30 AM EST Company Participants Michael Stein - Chief Executive Officer Avi Goldin - Chief Financial Officer Presentation Operator Good morning, and welcome to the Genie Energy Limited's Third Quarter 2025 Earnings Call.
GNE's Q2 results reflect strong y/y revenue growth, but higher wholesale costs pressure margins. GREW deliver robust performance.
Genie Energy Ltd. (NYSE:GNE ) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Avi Goldin - Chief Financial Officer Michael M.
Full year 2024 results came in at the high end of guidance, with the outlook for 2025 calling for earnings to largely remain stable. Net cash on the balance sheet represents nearly half the current market cap. While there are inherent risks related to the retail energy business, I believe the low valuation multiple is driven by uncertainty around capital allocation.
GNE's revenues decline 1.9% y/y in Q4 while net loss narrows. Retail energy expansion and solar investments shape its 2025 outlook.
Genie Energy Ltd. (NYSE:GNE ) Q4 2024 Earnings Conference Call March 10, 2025 8:30 AM ET Company Participants Michael Stein - CEO Avi Goldin - CFO Conference Call Participants Operator Good day, and welcome to the Genie Energy Limited's Fourth Quarter and Full-Year 2024 Earnings Call.
Shares have remained rangebound so far this year, as the company's performance has been inline with management's full-year guidance. Despite results appearing weak versus the prior year periods, key indicators point to a more promising outlook for growth and margins. I find the current valuation to be attractive at an EV/Adjusted EBITDA multiple of 6.3, despite the risks from regulation and competition.