Spark Energy, Inc. (SPKE), a Delaware corporation (“Spark”), announced today preliminary results for the year ended December 31, 2015.
While still finalizing results for the year ended December 31, 2015, Spark expects to record Adjusted EBITDA of between $35.0 and $37.5 million for 2015. Spark is providing this preliminary guidance in advance of upcoming corporate presentations and investor meetings prior to the release of our earnings. This estimate is subject to revision as we finalize our results for 2015.
“As we previously stated, the fourth quarter exceeded our expectations,” said Nathan Kroeker, Spark’s President and Chief Executive Officer. “We achieved both strong financial results as well as growth in our total Residential Customer Equivalent (RCE) count in the fourth quarter.”
It was also announced today that Spark plans to present its Full Year and Fourth Quarter 2015 financial results in a conference call and webcast on Tuesday, March 29, 2016 at 10:00 AM Central (11:00 AM Eastern).
A live webcast of the conference call can be accessed from the Events & Presentations page of the Spark Energy Investor Relations website at http://ir.sparkenergy.com/events.cfm. An archived replay of the webcast will be available for twelve months following the live presentation.
About Spark Energy, Inc.
Spark Energy, Inc. is an established and growing independent retail energy services company founded in 1999 that provides residential and commercial customers in competitive markets across the United States with an alternative choice for their natural gas and electricity. Headquartered in Houston, Texas, Spark currently operates in 16 states and serves 66 utility territories. Spark offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives.