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

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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