Spark Energy Says Second Quarter Results "Far Exceeded" Expectations, Plans to Raise Guidance

Spark Energy, Inc. announced preliminary financial results for the three months ended June 30, 2016.

While still finalizing results, Spark expects to record Adjusted EBITDA of between $10.0 and $12.0 million for the second quarter.

"The second quarter far exceeded our expectations," said Nathan Kroeker, Spark's President and Chief Executive Officer.

Kroeker said that when discussing second quarter earnings during August, "we plan on providing updated guidance on the call, which will be significantly higher than previously announced."