Genie Energy Reports Q1 2026 Earnings and Lowers Full-Year Guidance
Genie Energy (GNE) reported mixed first-quarter results for 2026 due to increased customer acquisition costs, weak retail margins, and challenging commodity market conditions. The company lowered its full-year adjusted EBITDA guidance from $40 million to $50 million to a new range of $32.5 million to $40 million.
Tickers: $GNE
Topics: customer_acquisition earnings guidance_update margin_compression