PEKIN, Ill., March 21, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the United States, announced today that Michael D. Kandris advised the company that he will resign from his position as Interim Chief Operating Officer effective April 1, 2024. Kandris will continue to serve as a special... Read More

Delivered 2023 Gross Profit of $15.7 Million, Versus Gross Loss of $27.6 Million in 2022 Improved 2023 Net Loss by $13.6 Million and Adjusted EBITDA by $26.5 Million over 2022 Signed Letter of Intent with Vault 44.01 for CO2 Storage PEKIN, Ill., March 11, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a producer and distributor of renewable fuel and essential ingredients and the largest producer of... Read More

PEKIN, Ill., March 11, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the U.S., announced today that it has entered into an exclusive nonbinding letter of intent and is nearing the execution of definitive agreements to develop a carbon capture and storage (CCS) project with Vault 44.01... Read More

PEKIN, Ill., March 05, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced that management plans to participate at the 36 th Annual Roth Conference to be held March 17 th – 19 th , 2024. The conference will be held at The Ritz Carlton Laguna Niguel in Dana Point, California. President & CEO Bryon McGregor and CFO Rob... Read More

PEKIN, Ill., March 04, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced it will release its fourth quarter and year end 2023 financial results after the close of market on Monday, March 11, 2024. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time and will deliver prepared... Read More

PEKIN, Ill., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, has published its inaugural Sustainability Summary outlining the company’s performance in key areas, such as environmental, health and safety, along with the strategy and vision for advancements in sustainability, responsible sourcing, and risk management.... Read More

PEKIN, Ill., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced that it has amended its $125 million senior secured term loan facility with certain funds managed by Orion Infrastructure Capital (“OIC”) to extend the commitment period for undrawn capital available under the term loan facility by one year to... Read More

PEKIN, Ill., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced that management plans to conduct one-on-one meetings at these conferences in November 2023. November 14: ROTH MKM 3 rd Annual AgTech Answers Conference one-on-one meetings, New York November 16: 14th Annual Craig-Hallum Alpha Select Conference... Read More

PEKIN, Ill., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial results for the quarter ended September 30, 2023. “Our transition to provide high margin, differentiated specialty alcohols and essential ingredients in consumer, pharmaceutical, food, beverage and industrial products has greatly... Read More

PEKIN, Ill., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, today announced it will release its third quarter 2023 financial results after the close of market on Monday, November 6, 2023. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Monday, November 6, 2023, and will... Read More

PEKIN, Ill., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced that management plans to participate at the LD Micro Main Event XVI on October 4, 2023 in Los Angeles, CA. President & CEO Bryon McGregor and CFO Rob Olander will conduct one-on-one meetings, and management will present at 4:30 PM PT.... Read More

PEKIN, Ill., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced that management plans to participate at the H.C. Wainwright & Co. 25 th Annual Global Investment Conference on September 12, 2023 in New York City. President & CEO Bryon McGregor and CFO Rob Olander will conduct one-on-one meetings, and... Read More

Delivered net income, positive Adjusted EBITDA and positive operating cash flow, while making significant capital expenditures to support business transformation Expects Positive Adjusted EBITDA in Q3 2023 PEKIN, Ill., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial results for the quarter ended... Read More

Bryon T. McGregor Appointed President and Chief Executive Officer Michael D. Kandris Retires as President and Chief Executive Officer and Continues as Director and Interim Chief Operating Officer Robert R. Olander Appointed Chief Financial Officer PEKIN, Ill., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc . (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, today... Read More

SACRAMENTO, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, today announced it will release its second quarter 2023 financial results after the close of market on Monday, August 7, 2023. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Monday, August 7, 2023, and... Read More

Generated Sequential, Monthly Performance Improvements in 2023 Resumed Operations at Magic Valley, Idaho Plant in April 2023 Expects Positive Adjusted EBITDA in Q2 2023 PEKIN, Ill., May 08, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial results for the quarter ended March 31, 2023. “In 2023, we continue... Read More

SACRAMENTO, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, today announced it will release its first quarter 2023 financial results after the close of market on Monday, May 8, 2023. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Monday, May 8, 2023, and will deliver prepared... Read More

Growth, Revenue Diversification and Efficiency Initiatives to Expand Annualized EBITDA by Over $65 Million by the End of 2025 and Over $125 Million by the End of 2026 - PEKIN, Ill., March 09, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, reported its fourth quarter and full year 2022 financial results for the year ended... Read More

SACRAMENTO, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, today announced it will release its fourth quarter 2022 financial results after the close of market on Thursday, March 9, 2023. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Thursday, March 9, 2023, and will deliver... Read More

Grew Net Sales to $336.9 Million, Up 10% from Q3 2021 Secured Up to $125 Million in Available Debt for Large Capital-Intensive Programs SACRAMENTO, Calif,, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial results for the quarter ended September 30, 2022. “Focused on long-term growth, we created... Read More

SACRAMENTO, Calif., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, today announced that it entered into a $125 million senior secured term loan facility with certain funds managed by Orion Infrastructure Capital (“OIC” or “Orion”). The term loan allows for periodic draws in an aggregate amount up to $100 million,... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, today announced it will release its third quarter 2022 financial results after the close of market on Monday, November 7, 2022. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Monday, November 7, 2022 and will deliver prepared remarks via webcast followed by... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, today announced that its Board of Directors has authorized a share repurchase program for up to $50 million of shares of its common stock with an initial purchase authorization of $10 million. “Given our positive long-term outlook, we believe our shares are currently undervalued. Based on the strength... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced that management plans to participate at the H.C. Wainwright & Co. 24 th Annual Global Investment Conference on September 13, 2022 in New York City. CEO Mike Kandris and CFO Bryon McGregor will conduct one-on-one meetings, and management will present at 8:30 am ET. Presentation materials and... Read More

Grew Net Sales to $362.2 Million, Up 21% from Q2 2021 Generated Net Income of $21.5 Million, $0.29 per Diluted Share, Up from $8.0 Million, $0.11 per Diluted Share in Q2 2021 Increased Adjusted EBITDA to $29.9 Million, Up from $17.0 Million in Q2 2021 Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial results for the quarter ended... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, today announced it will release its second quarter 2022 financial results after the close of market on Monday, August 8, 2022. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Monday, August 8, 2022 and will deliver prepared remarks via webcast followed by a... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced the shareholders approved all of the proposals in the proxy at the Annual General Meeting of Shareholders, including electing Maria G. “Gabby” Gray, 45, as an independent director of the board, effectively immediately. The board membership remains at seven, and Gray replaces John L. Prince,... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced today that it has received a $22.7 million cash grant from the USDA’s Biofuel Producer Program. The Program was created as part of the CARES Act, which provided $700 million to support biofuel producers who experienced market losses due to the COVID-19 pandemic. Mike Kandris, Alto Ingredients’... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced that management plans to present and conduct one-on-one meetings at these conferences in May and June 2022. May 23-24: H.C. Wainwright Global Investment Conference Virtual 1x1 meetings + webcast presentation June 1: 19 th Annual Craig-Hallum Institutional Conference Virtual 1x1 meetings... Read More

Increased Net Sales 41% to $308 Million vs. Q1 2021 Integrated Acquisition of Specialty Alcohol Distributor, Eagle Alcohol Launched Quality and ESG Initiatives Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial results for the quarter ended March 31, 2022. “Our first quarter results validated our strategy to invest in specialty... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, today announced it will release its First Quarter 2022 financial results after the close of market on Monday, May 9, 2022. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Monday, May 9, 2022, and will deliver prepared remarks via webcast followed by a... Read More

Alto Board forms environmental, social and governance subcommittee Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, promoted Stacy Swanson to the newly created position of Vice President of Quality and Sustainability effective April 15, 2022. Swanson now reports directly to CEO Mike Kandris. Kandris said, “Specialty alcohol customers seek... Read More

Increased Net Sales 128% to $385 Million and Gross Profit 209% to $42 Million in Q4 2021 vs. Q4 2020 Improved Net Income Available to Common Stockholders to $35 Million from Net Loss of $21 Million and Adjusted EBITDA 168% to $43 Million in Q4 2021 vs. Q4 2020 Grew Net Sales 35% to $1.2 Billion and Gross Profit 28% to $68 Million in 2021 vs. 2020 Improved Net Income Available to Common Stockholders to $44 Million and... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer and distributor of specialty alcohols and essential ingredients, announced its Pekin, Illinois facility is now ICH Q7 and EXCiPACT Good Manufacturing Practices (GMP) certified. ICH Q7, internationally recognized, states that the Alto Ingredients’ specialty alcohol is certified for use as an active pharmaceutical ingredient. EXCiPACT GMP, also a globally recognized... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, announced it will release its fourth quarter and full year 2021 financial results after the close of market on Thursday, March 10, 2022. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Thursday, March 10, 2022, and will deliver prepared remarks via webcast followed by a... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, added Auste M. Graham to the senior management team as General Counsel and Corporate Secretary effective February 1, 2022. Graham reports directly to CEO Mike Kandris and succeeds Christopher Wright, who will remain with the company as Senior Vice President pending his retirement later this year. Kandris... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, updated its full-year 2021 gross profit guidance. The company now expects full-year 2021 gross profit to exceed $60 million. This is an increase from prior guidance of a minimum of $40 million dollars, provided on November 9, 2021, in conjunction with reporting the third quarter 2021 results. Michael Kandris, Alto... Read More

Downstream integration expected to increase margins, reduce volatility, and create access to new markets Acquisition expected to be immediately accretive and grow Adjusted EBITDA by $7 million to $9 million annually in 2023 and beyond Closing purchase price funded with cash on hand Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, has acquired Eagle Alcohol Company... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, announced it restarted its ethanol production at its Magic Valley, Idaho facility in November 2021. Michael Kandris, Alto Ingredients’ president and CEO, stated, “Resuming production at our Magic Valley dry mill is an important next step in the reorientation of our company toward higher value products and improved... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, announced that management expects to participate in the 12 th Annual Craig-Hallum Alpha Select Conference on November 16, 2021. Presentation materials will be made concurrently available at the Investor Relations section of the company’s website, www.altoingredients.com . To schedule a one-on-one meeting or for more... Read More

Third Quarter Net Loss of $3.5 million and Positive Adjusted EBITDA of $3.0 million Subsequent to Quarter-End, the Company Sold its Stockton, CA Facility Company is Now Term Debt Free Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, reported its financial results for the third quarter ended September 30, 2021. “In the third quarter we made significant progress in... Read More

Completes fuel-grade ethanol asset realignment Company is now term debt free Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, announced today it has sold its fuel ethanol production facility in Stockton, CA to Pelican Acquisition LLC for $24.0 million in cash, of which $16.2 million of the proceeds were used to retire the remaining portion of the company’s... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, today announced it will release its third quarter 2021 financial results after the close of market on Tuesday, November 9, 2021. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Tuesday, November 9, 2021, and will deliver prepared remarks via webcast followed by a... Read More

Company Adopts Harvesting Technology’s CoPromax™ Protein System Magic Valley Facility to Resume Production Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, will install Harvesting Technology, LLC’s patented CoPromax™ protein system at Alto Ingredients’ Magic Valley, Idaho facility. “We are upgrading our Idaho facility with the installation of the CoPromax protein... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, today announced that Chief Executive Officer, Mike Kandris and Chief Financial Officer, Bryon McGregor will present at the H.C. Wainwright 23rd Annual Global Investment Conference on Monday, September 13, 2021, set to go live at 4:00am PT/ 7:00am ET. Management will meet one-on-one with institutional investors during... Read More

Second Quarter Net Income of $8.1 million, or $0.11 per share Second Quarter Adjusted EBITDA of $17.0 million Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, reported its financial results for the second quarter ended June 30, 2021. “In the second quarter, we produced our fifth consecutive quarter of gross profit and had net income of $8.1 million and Adjusted... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, today announced it will release its second quarter 2021 financial results after the close of market on Tuesday, August 3, 2021. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Tuesday, August 3, 2021, and will deliver prepared remarks via webcast followed by a... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, has been added as a member of the small-cap Russell 2000® Index and broad-market Russell 3000® Index. These additions will be effective after the U.S. market opens on June 28 th , as part of the 2021 Russell indexes reconstitution. The stock will be automatically added to the appropriate growth and value indexes. “Our... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, today announced that Chief Executive Officer, Mike Kandris, and Chief Financial Officer, Bryon McGregor, will participate in the 18 th Annual Craig-Hallum Institutional Investor Conference on Wednesday, June 2, 2021. Management will meet one-on-one with institutional investors during the day. A copy of the company’s... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, announced today the completion of the sale of its fuel ethanol production facility in Madera, CA to Seaboard Energy California, LLC. The Company received $19.5 million in cash proceeds and an additional $8.8 million in assumption of liabilities. The Company used the $19.5 million in net proceeds to prepay principal and... Read More

First Quarter Net Income of $4.4 million, or $0.06 per share First Quarter Adjusted EBITDA of $13.6 million Further optimized fuel-grade ethanol production footprint with announced sale of Madera, CA production facility Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, reported its financial results for the first quarter ended March 31, 2021. “We had a solid first... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, today announced it will release its first quarter 2021 financial results after market-close on Wednesday, May 12, 2021. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Wednesday, May 12, 2021, and will deliver prepared remarks via webcast followed by a question-and-answer... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, announced today it has signed a definitive agreement with Seaboard Energy California, LLC (“Seaboard”) to sell its fuel ethanol production facility in Madera, CA for total consideration of $28.3 million, comprised of $19.5 million in cash and $8.8 million in assumption of liabilities. The sale of the 40 million gallon... Read More

Full year 2020 net loss of $16.4 million, which included a $24.4 million impairment charge Full year 2020 Adjusted EBITDA of $67.4 million Total debt reduced by approximately $146 million Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, reported its financial results for the fourth quarter and full year ended December 31, 2020. “In 2020, we significantly increased... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, today announced it will release its fourth quarter and full year 2020 financial results after the close of market on Wednesday, March 10, 2021. Management will host a conference call at 8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time on Thursday, March 11, 2021, and will deliver prepared remarks via webcast followed... Read More

Alto Ingredients, Inc. (NASDAQ: ALTO) , a leading producer of specialty alcohols and essential ingredients, announced its Illinois Corn Processing (ICP) facility is now 2017 EXCiPACT Good Manufacturing Practices (GMP) certified. “A key component of our growth strategy is broadening our access to additional ethyl alcohol markets,” said Mike Kandris, CEO. “In conjunction with our recently announced ISO 9001 and ICH Q7... Read More