EMEX, LLC, a leading consulting and energy risk management firm powered by the latest technology, today announced its financial results for 2015 third quarter and year-to-date ending September 30, 2015.
Houston, Texas (PRWEB) October 13, 2015
EMEX, LLC, a leading consulting and energy risk management firm powered by the latest technology, today announced its financial results for 2015 third quarter and year-to-date ending September 30, 2015. The Company posted Gross Margins that represent a 9% increase for Q3 2015 compared to Q3 2014 and a 9% increase overall for the first 3 quarters of 2015 compared to the first 3 quarters of 2014. Net Margins saw a healthy 6% increase from Q3 2015 over Q3 2014, and a 14% net increase for the first 3 quarters of 2015 compared to the first 3 quarters of 2014. Through continued automation and best-in-class operations, EMEX has also realized a 14% reduction in operational expenses in Q3 2015 compared to Q3 2014, and year-to-date operational expenses are down 11% compared to that same timeframe last year.
"EMEX continues to prove itself as a premier leader in energy technology and energy-based risk management," said EMEX President Dan Marzuola. "The combination of our dedicated, highly skilled employees, along with automation and technology continue to deliver exciting results for the company."
Once again, results were fueled by a significant increase in its government, non-profit, and asset management client base. EMEX continues to push the envelope with innovative technology and market insight, fueling growth and providing customers with superior pricing and product offerings.
EMEX CFO, Brad Smith, stated, “The 2015 year-to-date power business posted double-digit increases over the same time period in 2014. The natural gas business stayed relatively flat year-to-date against same time period last year, although a doubling in activity for this segment occurred in September setting up a strong finish to the year.”
EMEX's 2015 market expansions have included opening up electricity and/or natural gas service to customers in New Hampshire, Rhode Island, Maine, and Missouri.
About EMEX, LLC
EMEX, LLC is a leading energy consulting firm specializing in delivering unique solutions to help clients nationwide understand and manage their energy risk exposure. Drawing upon over a century of energy market expertise and utilizing technology to facilitate energy transactions and provide EMEX clients with exceptional market transparency, EMEX is changing the way consumers secure their future energy needs. For additional information, please visit our website at: https://energymarketexchange.com/
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