Genie Energy(GNE) - 2023 Q4 - Annual Results

Exhibit 99.1 Genie Energy Announces Fourth Quarter and Full Year 2023 Results Record Fourth Quarter and Full Year Revenue Full-year 2023 Adjusted EBITDA exceeded upper range of prior guidance Cash and cash equivalents, short and long-term restricted cash, and marketable equity securities increased 55% year-over-year to $163.4 million with no debt outstanding Newark, NJ – March 11, 2024: Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results f ...