Alto Ingredients Posts Q4 EPS of $0.28, Net Income at $21.5 Million
ALTO has more than doubled off its 52-week low of $0.76.
Summary
Alto Ingredients announced its fourth-quarter financial results, reporting earnings per share of $0.28 and net income of $21.5 million. The company also posted Q4 gross profit of $15.2 million, adjusted EBITDA of $27.9 million, and sales of $232 million. These figures provide the latest operational and financial performance metrics for the company. Traders will now compare these results against analyst expectations and prior periods to gauge the company's trajectory and potential future stock movements. The market will be awaiting further details and management commentary on these results.
At the time of this announcement, ALTO was trading at $2.88 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $201.1M. The 52-week trading range was $0.76 to $3.18. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.