Alto Ingredients

Alto Ingredients, Inc. engages in the production and marketing of specialty alcohols and essential ingredients. It operates through the following segments: Marketing and Distribution, Pekin Production, and Other Production. The Marketing and Distribution segment includes marketing and merchant trading for company-produced alcohols and essential ingredients, on an aggregated basis, and third-party fuel-grade ethanol. The Pekin Campus Production segment deals with the production and sale of alcohols and essential ingredients produced at the company's Pekin, Illinois campus. The Other Production segment covers the production and sale of fuel-grade ethanol and essential ingredients produced at all of the company’s other production facilities on an aggregated basis. The company was founded by William L. Jones and Neil M. Koehler on January 30, 2003 and is headquartered in Pekin, IL.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Alto Ingredients tackles challenges, eyes growth through strategic initiatives

Alto Ingredients navigated challenges in Q4 2022 with a focus on strategic initiatives to drive growth and profitability, despite facing commodity volatility and declining ethanol prices.
The company's commitment to increasing EBITDA and expanding product offerings positions it for long-term success and value creation for shareholders.
Strong liquidity, investments in capital improvements, and a forward-looking approach underscore Alto Ingredients' resilience and determination to overcome obstacles and seize opportunities for growth.

Alto Ingredients reports robust Q1 results and unveils transformative growth plans

Alto Ingredients delivered strong Q1 results and outlined ambitious plans for EBITDA growth through transformative projects and operational enhancements.
The company's focus on sustainability, margin expansion, and revenue optimization positions it well for long-term success and value creation.
While challenges exist in project execution and market dynamics, Alto Ingredients' strategic initiatives and financial performance demonstrate resilience and growth potential.

Alto Ingredients reports robust Q2 earnings, eyes growth opportunities

Alto Ingredients delivered strong financial results in Q2 2023, driven by improved production capacity utilization and positive adjusted EBITDA.
The company's focus on sustainable value creation, strategic partnerships, and new leadership appointments bode well for future growth and profitability.
While challenges in production optimization and market dynamics exist, Alto Ingredients is poised to capitalize on opportunities for expansion and innovation.

Alto Ingredients reports resilient Q3 performance amidst market challenges

Alto Ingredients demonstrated resilience in Q3 2023 with positive financial performance and a strategic focus on high-margin products.
While facing challenges such as cost increases and operational issues, the company remains committed to growth and sustainability initiatives.
Opportunities for market expansion and enhanced profitability through EBITDA growth highlight a positive outlook for Alto Ingredients.
Investors can be optimistic about the company's trajectory, supported by its performance, strengths, and strategic initiatives.

Alto Ingredients reports positive Q4 results, eyes sustainability and growth

Alto Ingredients delivered strong financial performance in Q4 2023, driven by strategic investments and operational improvements.
The company's focus on sustainability, innovation, and profitability positions it well for future growth and success.
Challenges related to commodity prices and investment decisions require careful management, but opportunities for growth and value creation are being actively pursued.

Alto Ingredients reports improved Q1 performance amidst challenges and opportunities

Alto Ingredients (ALTO) delivered improved financial performance in Q1 2024, driven by strong alcohol sales and strategic initiatives.
Despite challenges like natural gas hedging losses and weather disruptions, the company remains focused on innovation and sustainability.
Opportunities lie in further developing CCS projects, specialty alcohol sales, and operational efficiencies for future growth.
CEO McGregor's vision for 2024 sets a strong strategic direction for Alto, emphasizing growth and progress in key initiatives.

Alto Ingredients reports improved operational performance amidst market challenges

Alto Ingredients navigated challenges of lower market prices with improved operational performance and strategic initiatives for growth.
Financial results showed resilience with increased gross profits despite challenges, while maintaining a focus on sustainability and innovation.
Addressing financial challenges and seizing opportunities through operational improvements and strategic investments will be key for future success.

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Alto Ingredients, Inc. engages in the production and marketing of specialty alcohols and essential ingredients. It operates through the following segments: Marketing and Distribution, Pekin Production, and Western Production. The Marketing and Distribution segment includes marketing and merchant trading for company-produced alcohols and essential ingredients, on an aggregated basis, and third-party fuel-grade ethanol. The Pekin Campus Production segment deals with the production and sale of alcohols and essential ingredients produced at the company's Pekin, Illinois campus. The Western Production segment covers the production and sale of renewable fuel and essential ingredients produced at two western production facilities. The company was founded by William L. Jones and Neil M. Koehler on January 30, 2003, and is headquartered in Pekin, IL.

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.

Alto Ingredients, Inc. to Release Third Quarter 2024 Financial Results on November 6, 2024

PEKIN, Ill., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuel and essential ingredients, provided updates on its Magic Valley facility in Idaho where it has installed Harvesting Technology's patented system to capture its high protein and corn oil products.

Alto's Magic Valley Facility Production Rate Consistently Achieving Full Capacity

Alto Ingredients (ALTO) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Alto Ingredients (ALTO) Is Attractively Priced Despite Fast-paced Momentum

PEKIN, Ill., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel, essential ingredients and specialty alcohols, announced that management plans to participate at the H.C. Wainwright 26th Annual Global Investment Conference on September 10, 2024 in New York City.

Alto Ingredients, Inc. to Present in the 26th Annual H.C. Wainwright Global Investment Conference

Alto Ingredients, Inc. (NASDAQ:ALTO ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Kirsten Chapman - LHA Investor Relations Bryon McGregor - President and Chief Executive Officer Rob Olander - Chief Financial Officer Conference Call Participants Sameer Joshi - H.C. Wainwright Eric Stine - Craig-Hallum Capital Group Justin Dopierala - DOMO Capital Management, LLC Operator Good afternoon, and welcome to the Alto Ingredients Inc. Second Quarter 2024 Financial Results Conference Call.

Alto Ingredients, Inc. (ALTO) Q2 2024 Earnings Call Transcript

Alto Ingredients (ALTO) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.10 per share a year ago.

Alto Ingredients (ALTO) Reports Q2 Loss, Tops Revenue Estimates

PEKIN, Ill., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel, essential ingredients and specialty alcohols, reported its financial results for the quarter ended June 30, 2024.

Alto Ingredients, Inc. Reports Second Quarter 2024 Results

PEKIN, Ill., July 30, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the United States, announced it will release its second quarter 2024 financial results after the close of market on Tuesday, August 6, 2024.

Alto Ingredients, Inc. to Release Second Quarter 2024 Financial Results on August 6, 2024

Alto Ingredients (ALTO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Alto Ingredients (ALTO) Loses -20.43% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

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With things looking up for the economy, consumer outlays are set to improve, helping stocks such as PlayAGS (AGS), Hasbro (HAS), Lifetime Brands (LCUT), Royal Caribbean Cruises (RCL) and Alto Ingredients (ALTO).

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Alto Ingredients (ALTO) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Here's Why Alto Ingredients (ALTO) Looks Ripe for Bottom Fishing

Alto Ingredients (ALTO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Alto Ingredients (ALTO) Loses -16.26% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Alto Ingredients, Inc. (NASDAQ:ALTO ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Kirsten Chapman - LHA Investor Relations Bryon McGregor - President and Chief Executive Officer Rob Olander - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Capital Group Amit Dayal - H.C.W David Bastian - Kingdom Capital Advisors Operator Good day, and welcome to the Alto Ingredients, Inc. First Quarter 2024 Financial Results Conference Call. All participants are in listen-only mode.

Alto Ingredients, Inc. (ALTO) Q1 2024 Earnings Call Transcript

– Improved Q1 2024 Gross Profit by $0.8 Million, Net Loss by $1.4 Million and Adjusted EBITDA by $3.4 Million over Q1 2023 – – Improved Q1 2024 Gross Profit by $0.8 Million, Net Loss by $1.4 Million and Adjusted EBITDA by $3.4 Million over Q1 2023 –

Alto Ingredients, Inc. Reports First Quarter 2024 Results

PEKIN, Ill., April 29, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the United States, announced it will release its first quarter 2024 financial results after the close of market on Monday, May 6, 2024.

Alto Ingredients, Inc. to Release First Quarter 2024 Financial Results on May 6, 2024

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PEKIN, Ill., March 21, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the United States, announced today that Michael D. Kandris advised the company that he will resign from his position as Interim Chief Operating Officer effective April 1, 2024. Kandris will continue to serve as a special advisor during a transition period ending with his retirement on June 20, 2024 and will remain on the board of directors. The company has appointed Todd E. Benton to the position of Chief Operating Officer effective April 1, 2024.

Alto Ingredients, Inc. Appoints Todd E. Benton as Chief Operating Officer; Michael D.

Alto Ingredients, Inc. (NASDAQ:ALTO ) Q4 2023 Earnings Conference Call March 11, 2024 5:00 PM ET Company Participants Kirsten Chapman - MD, LHA Investor Relations Bryon McGregor - President and CEO Rob Olander - CFO Conference Call Participants Amit Dayal - H.C. Wainwright Eric Stine - Craig-Hallum Justin Dopierala - DOMO Capital Management Operator Good afternoon, and welcome to the Alto Ingredients Fourth Quarter and Year-End 2023 Financial Results Conference Call.

Alto Ingredients, Inc. (ALTO) Q4 2023 Earnings Call Transcript

- Delivered 2023 Gross Profit of $15.7 Million, Versus Gross Loss of $27.6 Million in 2022 - - Improved 2023 Net Loss by $13.6 Million and Adjusted EBITDA by $26.5 Million over 2022 - - Signed Letter of Intent with Vault 44.01 for CO2 Storage - PEKIN, Ill., March 11, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the U.S., reported its financial results for the quarter and year ended December 31, 2023.

Alto Ingredients, Inc. Reports Fourth Quarter and Year-end 2023 Results

PEKIN, Ill., March 11, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the U.S., announced today that it has entered into an exclusive nonbinding letter of intent and is nearing the execution of definitive agreements to develop a carbon capture and storage (CCS) project with Vault 44.01 (Vault) at Alto's Pekin campus in Pekin, IL.

Alto Ingredients, Inc. Enters Letter of Intent with Vault to Advance Carbon Capture and Storage Initiative

PEKIN, Ill., March 05, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced that management plans to participate at the 36th Annual Roth Conference to be held March 17th – 19th, 2024. The conference will be held at The Ritz Carlton Laguna Niguel in Dana Point, California.

Alto Ingredients, Inc. to Participate in the 36th Annual Roth Conference

PEKIN, Ill., March 04, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced it will release its fourth quarter and year end 2023 financial results after the close of market on Monday, March 11, 2024.

Alto Ingredients, Inc. to Release Fourth Quarter 2023 Financial Results

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ALTO, BANC and CBRE have been added to the Zacks Rank #5 (Strong Sell) List on December 28, 2023.

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PEKIN, Ill., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, has published its inaugural Sustainability Summary outlining the company's performance in key areas, such as environmental, health and safety, along with the strategy and vision for advancements in sustainability, responsible sourcing, and risk management.

News for Alto Ingredients Stock (ALTO)