Genie Energy reported a Q3 2026 revenue decline to $127.2M from $138.3M but saw gross profit rise to $41.2M, improving gross margin to 32.4%. Net income increased to $10.2M with EPS at $0.39, driven by stronger margins in retail energy and growth in renewable segments like Diversegy and Genie Solar. The company plans a $0.075 quarterly dividend and continues investing in renewable initiatives including a new solar project and recycled plastic manufacturing. These results position Genie Energy to meet its 2026 EBITDA guidance amid challenging energy markets.
Genie Energy's Q3 2026 results provide context for energy sector performance. For readers following the energy sector, here is Pluang's market snapshot as of Nov 05, 2026 19:01 WIB: out of 79 priced US energy stocks, 59 rose and 15 fell. Among notable movers, Sunrun Inc (RUN) surged 20.02% to USD 10.55 with a typical hold time of 16 days and a buy-heavy order activity of 70%. In contrast, Delek US Holdings Inc (DK) dropped 12.92% to USD 57.00 with a shorter hold time of 7 days, while Magnolia Oil & Gas (MGY) gained 4.84% to USD 24.50 with a 10-day hold time.
Opus Genetics has finished dosing the higher-dose Cohort 2 in its Phase 1/2 trial of OPGx-BEST1, a gene therapy for BEST1-related inherited retinal diseases like Best vitelliform macular dystrophy and autosomal recessive bestrophinopathy. Cohort 2 en...
Perimeter Group Inc. announced a net income of $304.5 million for Q3 2026, reversing a prior year loss of $90.7 million, with net sales up 24% to $389.9 million. Growth was driven by a 14% increase in Fire Safety sales and an 84% surge in Specialty P...
ACM Research reported a 37% year-over-year revenue increase to $367.7 million in Q3 2026, driven by strong demand in electrochemical plating (ECP) and advanced packaging technologies. The company is expanding manufacturing capacity and global sales e...
Purple has renewed its partnership with Lucid Motors to continue providing WiFi services across Lucid's operations in Riyadh. This renewal ensures that both staff and visitors have secure and easy internet access, supporting Lucid's growing presence ...
Investec Bank Plc, acting as joint broker to SThree Plc, disclosed public dealings involving the purchase and sale of 118,333 ordinary shares each on November 4, 2026. The transactions were conducted within a price range of 295 to 304 per share. Ther...
