Alto Ingredients Inc (ALTO)
Sector • Basic Materials Industry • Chemical Manufacturing |
Industry • Chemical Manufacturing |
Sector • Basic Materials |
Loss on Weak Sales the ALTO during the fourth quarter of 2022 earnings season
Alto Ingredients Inc delivered fourth quarter of 2022 operating loss of $-31.109 millions
Published Mar 15 2023
CSIMarket Team / CSIMarket.com
For the October to December 31 2022 time-frame company posted a shortfall per stock of $-0.47 per share compare to $0.48 a year ago and surged shortfall from $-0.39 per share from the previous reporting period.
Revenues decreased substantially by -14.801 % to $328.44 millions from $385.49 millions in the comparable reporting period a year ago and sequentially Revenue decreased by -2.505 % from $336.88 millions.
For the October to December 31 2022 time-frame Alto Ingredients Inc logged net shortfall of $-32.788 million, instead of net income of $36.146 millions have achieved in the comparable reporting period a year before.
company reported a shortfall of $-41.60 millions and Revenues of $1.34 billions for the financial 12 Months 2022.
Chemical Manufacturing company also said that, its eps were at $-0.60 compared to $0.61 in the previous financial year, while Revenues advanced by 10.57 % from $1.21 billions a year ago.
Alto Ingredients Inc is expected to report next financial earnings on May 08, 2023.
Revenues decreased substantially by -14.801 % to $328.44 millions from $385.49 millions in the comparable reporting period a year ago and sequentially Revenue decreased by -2.505 % from $336.88 millions.
For the October to December 31 2022 time-frame Alto Ingredients Inc logged net shortfall of $-32.788 million, instead of net income of $36.146 millions have achieved in the comparable reporting period a year before.
company reported a shortfall of $-41.60 millions and Revenues of $1.34 billions for the financial 12 Months 2022.
Chemical Manufacturing company also said that, its eps were at $-0.60 compared to $0.61 in the previous financial year, while Revenues advanced by 10.57 % from $1.21 billions a year ago.
Alto Ingredients Inc is expected to report next financial earnings on May 08, 2023.