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Aemetis Shares Plunge Following Q2 Results
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Aemetis Shares Plunge Following Q2 Results
Aug 1, 2024 12:15 PM

02:51 PM EDT, 08/01/2024 (MT Newswires) -- Aemetis ( AMTX ) shares were down past 14% in recent Thursday trading after the company reported its Q2 results.

The company reported earlier a Q2 loss of $0.66 per diluted share, narrowing from a loss of $0.68 a year earlier. Analysts polled by Capital IQ expected a loss of $0.38.

Revenue for the quarter ended June 30 was $66.6 million, up from $45.1 million a year earlier. Four analysts surveyed by Capital IQ expected $78.8 million.

Price: 2.76, Change: -0.46, Percent Change: -14.17

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