FutureFuel Q3 net income plummets to $2.8M from $15.8M; adjusted EBITDA halves to $9.7M

FutureFuel Corp.

2023-Q3 EPS reported $0.32 revenue$276,241,000

Q3 revenue $116.8M, virtually flat versus $118.1M a year ago.
Net income $2.8M ($0.06 diluted EPS) down 82% from $15.8M ($0.36).
Adjusted EBITDA $9.7M, down 48% from $18.8M in Q3 2022.
Nine-month net income improved to $14.0M ($0.32) from $0.3M a year earlier.
Company manufactures custom chemicals and biofuels; releases results on November 9, 2023.

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