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Genie Energy Ltd. Reports Fourth Quarter and Full Year 2020 Results


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NEWARK, N.J., March 11, 2021 /PRNewswire/  Genie Energy Ltd. (NYSE: GNE, GNEPRA) reported fourth quarter 2020 loss of $0.06 per diluted share on revenue of $102.9 million, and full year 2020 earnings of $0.44 per diluted share on revenue of $379.3 million. 
4Q20 AND FULL YEAR 2020 FINANCIAL AND OPERATIONAL HIGHLIGHTS
(Throughout this release, 4Q20 results are compared to 4Q19 results and FY 2020 results are compared to FY 2019 results unless otherwise noted)
4Q20 consolidated revenue increased 25.5% to $102.9 million. Full year 2020 consolidated revenue increased 20.3% to a company record of $379.3 million.
4Q20 consolidated loss from operations was $1.1 million compared to income from operations of $2.3 million in 4Q19. 4Q20 consolidated Adjusted EBITDA ....

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