Alto Ingredients, Inc. (ALTO) Q3 2024 Earnings Call Transcript Summary
Alto Ingredients, Inc. (ALTO) Q3 2024 Earnings Call Transcript Summary
Q3 2024 net sales were $252 million, down from $318 million in Q3 2023 due to lower market prices.The following is a summary of the Alto Ingredients, Inc. (ALTO) Q3 2024 Earnings Call Transcript:
以下是Alto Ingredients, Inc. (ALTO) 2024年第三季度業績會實錄總結:
Financial Performance:
財務表現:
Q3 2024 consolidated gross profit improved to $6 million.
Adjusted EBITDA for Q3 2024 was $12.2 million.
Q3 2024 net sales were $252 million, down from $318 million in Q3 2023 due to lower market prices.
Consolidated net loss was $2.4 million compared to a net loss of $3.5 million in Q3 2023.
Cash flow from operations in Q3 was $18.6 million.
2024年第三季度毛利潤提高至600萬美元。
2024年第三季度調整後的EBITDA爲1220萬美元。
2024年第三季度淨銷售額爲25200萬美元，低於2023年第三季度的31800萬美元，因爲市場價格較低。
合併淨虧損爲240萬美元，而2013年第三季度爲淨虧損350萬美元。
第三季度經營性現金流爲1860萬美元。
Business Progress:
業務進展：
Finalized a CO2 transportation and sequestration agreement with Vault for sustainable carbon handling.
Q3 saw increased production at the Pekin campus wet mill, enhancing specialty alcohol sales.
Introduced upgrades at Magic Valley to enhance ethanol production and product yields.
Planning a second alcohol loading dock at the Pekin campus to improve logistics.
與Vault達成了一項CO2運輸和封存協議，用於可持續碳處理。
第三季度Pekin校園溼法精釀廠的產量增加，提升了特種酒精銷售。
在Magic Valley推出升級措施，以提高乙醇產量和產品產量。
計劃在Pekin校園增設第二個酒精裝載塢，以改善物流。
Opportunities:
機會：
Pekin campus enhancements and increased specialty alcohol sales position the company well for continued growth.
Exploration of strategic options for optimization or monetization of western operations through Guggenheim Securities could enhance asset value.
Pekin校園的改進和特種酒精銷售增加，使公司處於持續增長的有利位置。
通過古根海姆證券探索西部業務的優化或貨幣化戰略選擇，可能增加資產價值。
Risks:
風險：
Potential idling of the Magic Valley facility due to economic challenges could reflect negatively on future profitability.
Recent downturn in market conditions and regional corn basis increases pose significant risks to profitability.
Volatile carbon and ethanol market prices remain a concern.
由於經濟挑戰可能導致魔幻谷設施停工，對未來的盈利能力產生負面影響。
市場條件最近下滑，區域玉米基差的增加對盈利能力構成重大風險。
碳和乙醇市場價格的波動仍然令人擔憂。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
