Gevo Q1 net loss $0.08 per share; rev+interest income $8.6M; cash $340.6M

Gevo, Inc.

2024-Q1 EPS reported -$0.08 revenue$3,990,000

Repurchased ~5.5M shares for $3.7M; $21.3M remaining under buyback program.
NZ1 pre-financial-close spend reduced to $90-125M; $17.1M spent in Q1.
RNG subsidiary generated $1.2M non-GAAP cash EBITDA; annualized production at 89% of 400k MMBtu capacity.
ETO pilot plant launched; second LG Chem milestone achieved; $0.8M payment expected in Q2.
Loss from operations $23.1M; non-GAAP cash EBITDA loss $14.5M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Gevo, Inc. reported first quarter 2024 results: revenue $4.0 million, EPS $0.08.

Period: first quarter 2024
Revenue: $4.0 million
EPS: $0.08
Result: reported results

Exact text from the filing

Revenue of $4.0 million for the first quarter includes RNG sales of $0.2 million and $3.8 million of net proceeds from sales of environmental attributes.

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379 earnings releases filed in the last 30 days. Browse all earnings releases →

Gevo, Inc. filing history →

Source: SEC EDGAR

accession 0001392380-24-000013

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