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Spark Energy, Inc. Reports Second Quarter 2021 Financial Results


Spark Energy, Inc. Reports Second Quarter 2021 Financial Results
ACCESSWIRE
05 Aug 2021, 07:43 GMT+10
HOUSTON, TX / ACCESSWIRE / August 4, 2021 / Spark Energy, Inc. ( Spark or the Company ) (NASDAQ:SPKE)(FSE:SLE), an independent retail energy services company, today reported financial results for the quarter ended June 30, 2021.
Key Highlights
Achieved $14.4 million in Adjusted EBITDA, and $26.4 million in Retail Gross Margin, and $24.8 million in Net Income for the second quarter
Total RCE count of 347,000 as of June 30, 2021
Entered into four separate agreements to acquire approximately 56,900 RCEs
Average monthly attrition of 3.3%
Total liquidity of $151.8 million as of June 30, 2021
We are proud to announce that on May 25th, 2021, we entered into four agreements to acquire a total of approximately 56,900 RCEs. These customers are expected to be immediately accretive to Adjusted EBITDA. Subsequent to quarter end, Spark entered into an ....

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NLRB preliminary finding revives labor organizing at Amazon


NLRB preliminary finding revives labor organizing at Amazon
Anne D Innocenzio
FILE - In this March 30, 2021 file photo, a banner encouraging workers to vote in labor balloting is shown at an Amazon warehouse in Bessemer, Ala. The union that tried, and failed, to organize Amazon warehouse workers in Bessemer, says it may get a do-over. The Retail, Wholesale and Department Store Union on Monday, Aug. 2 said that a hearing officer for the National Labor Relations Board has recommended that the vote by workers in April to overwhelmingly reject the union be set aside and that another vote be held in its place. (AP Photo/Jay Reeves, File) (Copyright 2021 The Associated Press. All rights reserved.) ....

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