Genie Energy Q4 2024 Earnings Report Highlights Growth and Margin Trends
Genie Energy (GNE) reported strong Q4 2024 results, with solid performance in both retail and renewables segments. The company added 23,000 net new meters in the quarter and achieved the high-end of its adjusted EBITDA guidance for the full year. However, electricity margins were lower due to a shift toward fixed price meters and mild weather impacting consumption.
Tickers: $GNE
Topics: Earnings Growth Market Conditions Renewables Retail Energy Revenue