Genie Energy(GNE) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Genie Energy Announces First Quarter 2024 Results Revenue increased to $119.7 Million and Gross Profit Climbed to$33.8 Million - Both Record First Quarter Levels Income from Operations of $9.8 million, Adjusted EBITDA of$11.7 Million and Earnings per Diluted Share of $0.30 Repurchased 250,000 Shares of Class B Common Stock Newark, NJ – May 8, 2024: Genie Energy, Ltd. (NYSE: GNE), a leading retail energy and renewable energy solutions provider, today announced results for the first quarter of ...