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Alto Ingredients, Inc. Acquires CO2 Processing Plant Adjacent to Columbia Facility, Bolstering Economics and Increasing Asset Valuation
GlobeNewswire News Room· 2025-01-06 13:30
- 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 ingredients, announced its wholly-owned subsidiary, Alto Carbonic, LLC, has acquired Kodiak Carbonic, LLC, a beverage-grade liquid carbon dioxide (CO2) processor, for $7.25 million in cash plus working capital on Janu ...
Alto Ingredients, Inc. to Cold Idle Magic Valley Facility at Year End
GlobeNewswire News Room· 2024-11-29 13:30
- Plant to Operate as a Terminal - PEKIN, Ill., Nov. 29, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, has announced that it will cold idle its Magic Valley, Idaho facility on December 31, 2024, yet continue to provide terminal services at the plant. “With the first quarter 2025 forecasts of very low to negative crush margins in the West, it is fiscally prudent to idle the Magic Valley faci ...
Alto Ingredients(ALTO) - 2024 Q3 - Quarterly Report
2024-11-08 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 41-2170618 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Title of each Class Trading Symbol Name of Exchange on Which Registered Common Stock, $0.001 par value ALTO The Nasdaq Stock Market LLC (Nasdaq Capital Market) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ...
Alto Ingredients Publishes its Annual Sustainability Report
GlobeNewswire News Room· 2024-11-07 13:30
PEKIN, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, published its second Sustainability Report highlighting the company’s 2023 sustainability metrics and accomplishments. “This report underscores our ongoing commitment to sustainability and provides insight into our programs and performance,” stated Alto Ingredients CEO, Bryon McGregor. “Driven by our core values of responsi ...
Alto Ingredients(ALTO) - 2024 Q3 - Earnings Call Presentation
2024-11-07 01:46
1 Alto Ingredients, Inc. Q3 2024 Investor Presentation November 6, 2024 Safe Harbor Statement Statements and information contained in this communication that refer to or include Alto Ingredients' estimated or anticipated future results or other non-historical expressions of fact are forward-looking statements that reflect Alto Ingredients' current perspective of existing trends and information as of the date of the communication. Forward looking statements generally will be accompanied by words such as "ant ...
Alto Ingredients(ALTO) - 2024 Q3 - Earnings Call Transcript
2024-11-07 01:45
Alto Ingredients, Inc. (NASDAQ:ALTO) Q3 2024 Results Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Kirsten Chapman - Investor Relations, Alliance Advisors Investor Relations Bryon McGregor - President and Chief Executive Officer Rob Olander - Chief Financial Officer Conference Call Participants Luke Persons - Craig-Hallum Capital Group Justin Dopierala - DOMO Capital Management, LLC Operator Good day and welcome to the Alto Ingredients Inc. Third Quarter 2024 Financial Results Co ...
Alto Ingredients (ALTO) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-11-07 00:51
Alto Ingredients (ALTO) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.02. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -300%. A quarter ago, it was expected that this ethanol producer would post a loss of $0.11 per share when it actually produced a loss of $0.05, delivering a surprise of 54.55%.Over the last four quarters, the company has surpassed ...
Alto Ingredients(ALTO) - 2024 Q3 - Quarterly Results
2024-11-06 21:19
Exhibit 99.1 Alto Ingredients, Inc. Reports Third Quarter 2024 Results - Enters CO2 Transportation and Sequestration Agreement with Vault 44.01 - Pekin, IL, November 6, 2024 – Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, reported its financial results for the quarter ended September 30, 2024. In a separate press release, the company announced it entered into a CO2 Transportation and Sequestration Agreement (TSA) w ...
Alto Ingredients, Inc. Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-06 21:07
- Enters CO2 Transportation and Sequestration Agreement with Vault 44.01 - PEKIN, Ill., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, reported its financial results for the quarter ended September 30, 2024. In a separate press release, the company announced it entered into a CO2 Transportation and Sequestration Agreement (TSA) with Vault 44.01 to transport, inject and sequester ca ...
Alto Ingredients, Inc. to Release Third Quarter 2024 Financial Results on November 6, 2024
GlobeNewswire News Room· 2024-10-30 20:05
PEKIN, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced it will release its third quarter 2024 financial results after the close of market on Wednesday, November 6, 2024. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time and will deliver prepared remarks via webcast followed by a question-and-answer session. How to participate: T ...