Vertex Energy Inc. Reports Net Loss of $81.4 Million for Q2 2023
Quarterly Revenue Falls to $734.9 Million, Reflecting Challenging Conditions
By USInMinutes
Published - Oct 13, 2023, 03:25 PM ET
Last Updated - Oct 13, 2023, 03:25 PM EDT
Vertex Energy, Inc. (VTNR) has reported its financia l results for the second quarter of 2023, revealing a net loss of $81.4 million. The company's revenue for the quarter totaled $734.9 million. These figures indicate significant challenges for the company in a changing economic environment.
Net Income/Loss
- Tough Quarter for Vertex Energy: Vertex Energy reported a net loss of $81.4 million for the second quarter of 2023. This represents a substantial decline from previous periods, reflecting the challenging conditions faced by the company during this time.
