Renewable Energy Group (REGI) Misses Q2 EPS by 12c, Sales Beat Handily

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Renewable Energy Group Reports Second Quarter 2016 Financial Results

August 4, 2016 4:08 PM EDT

Q2 2016 Highlights

150 million gallons sold, up 56.2% y/y 114 million gallons produced, up 56.3% y/y Net income of $6.9 million Adjusted EBITDA of $8.1 million Issued $152.0 million aggregate principal amount of 4.00% Convertible Senior Notes due 2036 Repurchased approximately 4.1 million shares of common stock for $35.1 million and $63.9 million principal amount of previously issued convertible notes with proceeds from the new convertible notes Increased ownership in Petrotec to over 90%

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