Aemetis: Q3 Earnings Snapshot
By AP News
Published - Nov 12, 2024, 08:48 AM ET
Last Updated - Nov 12, 2024, 08:48 AM EST
CUPERTINO, Calif. (AP) — CUPERTINO, Calif. (AP) — Aemetis Inc. (AMTX) on Tuesday reported a third-quarter loss of $17.9 million, after reporting a profit in the same period a year earlier.
The Cupertino, California-based company said it had a loss of 38 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 47 cents per share.
The renewable fuels and specialty chemicals company posted revenue of $81.4 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $77.8 million.
