Alto Ingredients: Q2 Earnings Snapshot

August 8, 2022 GMT

PEKIN, Ill. (AP) _ Alto Ingredients, Inc. (ALTO) on Monday reported second-quarter profit of $22.1 million.

On a per-share basis, the Pekin, Illinois-based company said it had net income of 29 cents. Losses, adjusted for non-recurring gains, were 2 cents per share.

The ethanol producer posted revenue of $362.2 million in the period.

In the final minutes of trading on Monday, the company’s shares hit $4.82. A year ago, they were trading at $5.16.


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