PEKIN, Ill. (AP) — PEKIN, Ill. (AP) — Alto Ingredients, Inc. (ALTO) on Wednesday reported first-quarter net income of $4.3 million, after reporting a loss in the same period a year earlier.
The Pekin, Illinois-based company said it had net income of 5 cents per share.
The ethanol producer posted revenue of $224.7 million in the period.
Alto Ingredients shares have climbed 93% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.55, rising sixfold in the last 12 months.
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