Alto Ingredients Q2 FY26 swings to net profit of $11.4 million; net sales rise 12.5% to $245.7 million
Reuters2026/08/05 20:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Alto Ingredients swung to Q2 net income attributable to common stockholders of USD 11.4 million, or USD 0.15 a share, from a loss.
- Net sales rose 12.5% to USD 245.7 million, while gross profit turned positive at USD 16.6 million from a gross loss.
- Non-GAAP adjusted EBITDA climbed to USD 23.7 million from negative USD 0.2 million, marking a fourth straight profitable quarter.
- Established a USD 50 million at-the-market equity program; cash totaled USD 24 million, with borrowing availability of USD 106 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alto Ingredients Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051610PRIMZONEFULLFEED9804567) on August 05, 2026, and is solely responsible for the information contained therein.
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