Pacific Ethanol (PEIX) Reports Better Than Expected Q1

May 14, 2008 7:49 AM EDT

Pacific Ethanol (Nasdaq: PEIX) reports Q1 earnings of $0.06 per share, ex-items, well above the consensus of a $0.09 loss. Revenues came in at $161.5 million, versus the consensus of $154.6 million.

The volume of ethanol sold by the company in Q1 rose 58% over last year.

Pacific Ethanol delays is 10-Q filing.


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