$Alto Ingredients (ALTO.US)$ Alto Ingredients, Inc. Acquires CO2 Processing Plant Adjacent to Columbia Facility, Bolstering Economics and Increasing Asset Valuation Monday, 6th January at 8:30 am - Secures improved, long-term CO2 sales contract, creating immediate bottom-line accretion and future financial upside - PEKIN, Ill., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels, and essential ingr...
$Alto Ingredients (ALTO.US)$ NEWS Alto Ingredients, Inc. Reports First Quarter 2024 Results Alto Ingredients, Inc. reported improved financial results for Q1 2024 compared to Q1 2023, with gross profit up by $0.8 million, net loss reduced by $1.4 million, and Adjusted EBITDA increased by $3.4 million. The company's strategies to diversify revenue, improve capacity utilization rates, reduce costs, and expand operating margins are yielding positive results. However, weather factors impacted perform...
The company's low P/S ratio and declining revenues may be causing the share price drop. Sluggish growth and poor revenue outlook are likely causing investor discomfort, contributing to the low P/S ratio. A significant turnaround is needed for a higher P/S ratio.
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Alto Ingredients, Inc. Acquires CO2 Processing Plant Adjacent to Columbia Facility, Bolstering Economics and Increasing Asset Valuation
Monday, 6th January at 8:30 am
- Secures improved, long-term CO2 sales contract,
creating immediate bottom-line accretion and future financial upside -
PEKIN, Ill., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels, and essential ingr...
NEWS
Alto Ingredients, Inc. Reports First Quarter 2024 Results
Alto Ingredients, Inc. reported improved financial results for Q1 2024 compared to Q1 2023, with gross profit up by $0.8 million, net loss reduced by $1.4 million, and Adjusted EBITDA increased by $3.4 million. The company's strategies to diversify revenue, improve capacity utilization rates, reduce costs, and expand operating margins are yielding positive results. However, weather factors impacted perform...
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