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Spark Energy, Inc. Announces Updated Guidance on Select 2017 Financial Results

January 19, 2018

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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Spark Energy, Inc. ("Spark" or the "Company") announced today that is has updated its guidance on 2017 Adjusted EBITDA.

"While still finalizing results for the year ended December 31, 2017, Spark is providing revised Adjusted EBITDA guidance of between $100.0 and $105.0 million for fiscal year 2017, which is consistent with the Company’s guidance update provided on its third quarter earnings call," Spark said

The Company also expects residential customer equivalents (RCEs) in excess of 1,000,000 as of December 31, 2017.

Spark said that these estimates may change materially as Spark finalizes its results for 2017, including income tax expense actually recognized after taking into account effects related to the recent tax reform.

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