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2 个月前
BRIEF-Spark Energy reports qtrly total revenue of $194.3 million
2017年5月8日 / 上午10点12分 / 2 个月前

BRIEF-Spark Energy reports qtrly total revenue of $194.3 million

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May 8 (Reuters) - Spark Energy Inc:

* Spark Energy Inc - Spark is maintaining 2017 adjusted ebitda guidance in range of $110.0 to $120.0 million

* Spark Energy Inc reports first quarter 2017 financial results and announces verde energy acquisition

* Spark Energy - entered purchase and sale agreement for acquisition of Verde, which operates in eight states selling 100pct renewable electricity products

* Spark Energy Inc - spark will pay cash of $45 million at deal closing and installment payments totaling $20 million over 18 months

* Spark Energy Inc - expects to fund verde acquisition using combination of cash on hand along with additional borrowings under Spark's credit facilities

* Spark Energy Inc - qtrly total revenues $194.3 million versus $110.5 million

* Spark Energy Inc - qtrly net income $11.4 million versus $15.7 million

* Q1 earnings per share view $0.67, revenue view $146.3 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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