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CUPERTINO, Calif. (AP) — CUPERTINO, Calif. (AP) — Aemetis Inc. (AMTX) on Thursday reported a loss of $25.4 million in its fourth quarter.
The Cupertino, California-based company said it had a loss of 64 cents per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.
The renewable fuels and specialty chemicals company posted revenue of $70.8 million in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $80.1 million.
For the year, the company reported that its loss narrowed to $46.4 million, or $1.22 per share. Revenue was reported as $186.7 million.
The company's shares closed at $3.32. A year ago, they were trading at $3.68.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMTX at https://www.zacks.com/ap/AMTX