Pacific Ethanol (PEIX) Misses Q1 EPS by 11c, Revenue Beats

Go back to Pacific Ethanol (PEIX) Misses Q1 EPS by 11c, Revenue Beats

Pacific Ethanol Reports First Quarter 2015 Results

May 11, 2015 4:05 PM EDT

Began production of corn oil at Madera, CA plant Planned merger with Aventine Renewable Energy on pace for late Q2 2015 close

SACRAMENTO, Calif., May 11, 2015 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (Nasdaq: PEIX), the leading producer and marketer of low-carbon renewable fuels in the Western United States, reported its financial results for the three-months ended March 31, 2015.

Neil Koehler, the company's president and CEO, stated: "During the first quarter of 2015, the ethanol industry was negatively impacted by lower production margins resulting from high ethanol inventory... More