Pacific Ethanol (PEIX) Reports Q2 EPS of 11

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Pacific Ethanol Reports Second Quarter 2016 Results

July 27, 2016 4:05 PM EDT

Net sales grew 86% over the second quarter of 2015 representing a quarterly record Record 233.2 million total gallons sold for the second quarter of 2016 Net income was $4.7 million or $0.11 per share Adjusted EBITDA was $20.4 million

SACRAMENTO, Calif., July 27, 2016 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (NASDAQ: PEIX), a leading producer and marketer of low-carbon renewable fuels in the United States, reported its financial results for the three- and six-months ended June 30, 2016.

Neil Koehler, the companys president and CEO, stated: Industry fundamentals have... More