earnings
confidence high
sentiment negative
materiality 0.70
FutureFuel reports Q2 net loss $9.9M, revenue down 28% to $85.3M; RIN sale timing impacts
FutureFuel Corp.
2023-Q2 EPS reported
$0.26
revenue$159,489,000
- Net loss $9.9M ($0.23 per diluted share) vs loss $3.1M in Q2 2022.
- Revenue $85.3M, down 28% from $117.8M in prior-year quarter.
- Adjusted EBITDA ($7.3)M compared to $0.4M in Q2 2022.
- Timing of separated RIN sales of $19.5M not realized until July impacted quarterly results.
- Six-month 2023 net income $11.2M ($0.26 per share) vs loss $15.5M a year ago.