secwatch.observer — SEC 8-K summary
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Issuer:     Alto Ingredients, Inc. (ALTO)
CIK:        0000778164
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001213900-22-011585
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alto Ingredients reports Q4 net income $35.4M vs loss $20.5M; full year net sales up 35% to $1.2B
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- Q4 net sales $385.5M (+128% YoY); gross profit $42.1M (+209%); net income $0.49 diluted EPS vs loss $0.30.
- Full year net sales $1.2B (+35%); net income $44.2M ($0.61 diluted EPS) vs loss $16.4M; adjusted EBITDA $77M.
- Acquired specialty alcohol distributor Eagle Alcohol in Jan 2022; sold Stockton facility for $24M in Nov 2021.
- CEO Mike Kandris cites focus on higher-margin markets; company now profitable with growth opportunities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/778164/000121390022011585/0001213900-22-011585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/778164/000121390022011585/ea156682-8k_altoingred.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-011585

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer