---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-037349"
form_type: "8-K"
ticker: "ALTO"
cik: "0000778164"
company_name: "Alto Ingredients, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T14:56:11.086003+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alto Ingredients Q1 net loss $13.5M, Adjusted EBITDA -$4.5M; expects positive Q2

## Summary
- Net sales $313.9M, gross loss $3.2M vs gross profit $4.8M a year ago.
- Net loss available to common $13.5M ($0.18/share) vs $2.9M ($0.04) in Q1 2022.
- Adjusted EBITDA negative $4.5M, down from positive $4.4M in prior-year period.
- Cash $21.2M; $40M term loan available (up to $65M with accordion).
- CEO expects positive Adjusted EBITDA in Q2 2023 based on current ethanol crush margins.

## SEC filing metadata
- accession: 0001213900-23-037349
- form_type: 8-K
- ticker: ALTO
- cik: 0000778164
- company_name: Alto Ingredients, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/778164/000121390023037349/0001213900-23-037349-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/778164/000121390023037349/ea178119-8k_altoingred.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-037349
- JSON: https://secwatch.observer/filing/0001213900-23-037349.json
- Plain text: https://secwatch.observer/filing/0001213900-23-037349.txt

## Key facts
- Earnings Releases
  Alto Ingredients, Inc. reported the quarter ended March 31, 2023 results: revenue $313.9 million, net income $13.5 million, EPS $0.18 per share. Guidance initiated.
  - Period: the quarter ended March 31, 2023
  - Revenue: $313.9 million
  - Net income: $13.5 million
  - EPS: $0.18 per share
  - Guidance: initiated
  - Result: reported results
  source text: Financial Results for the Three Months Ended March 31, 2023 Compared to 2022 ● Net sales were $313.9 million, compared to $308.1 million. ● Cost of goods sold was $317.1 million, compared to $303.3 million. ● Gross loss was $3.2 million, compared to gross profit of $4.8 million. ● Selling, general and administrative expenses were $7.9 million, compared to $7.6 million. ● Operating loss was $11.6 million, compared to $2.9 million. ● Net loss available to common stockholders was $13.5 million, or $0.18 per share, compared to $2.9 million, or $0.04 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/778164/000121390023037349/0001213900-23-037349-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.