CUPERTINO, Calif. (AP) — CUPERTINO, Calif. (AP) — Aemetis Inc. (AMTX) on Thursday reported a loss of $23.4 million in its second quarter.
On a per-share basis, the Cupertino, California-based company said it had a loss of 41 cents.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.
The renewable fuels and specialty chemicals company posted revenue of $52.2 million in the period.
The company’s shares closed at $2.57. A year ago, they were trading at $2.64.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMTX at https://www.zacks.com/ap/AMTX
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