Genie Energy Announces Fourth Quarter and Full Year 2024 Results
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Genie Energy (NYSE: GNE) reported its fourth quarter and full year 2024 results, achieving the high end of its guidance with a full-year Adjusted EBITDA of $48.5 million. The company expanded its customer base by 17% in 2024, adding over 60,000 net meters.
March 10, 2025 | 11:45 am
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Genie Energy reported strong financial results for 2024, with a full-year Adjusted EBITDA of $48.5 million, reaching the high end of its guidance. The company also expanded its customer base by 17%, adding over 60,000 net meters.
The strong financial performance, achieving the high end of guidance, and significant customer base expansion are positive indicators for Genie Energy. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100