Gevo Reports Second Quarter 2019 Financial Results

Go back to Gevo Reports Second Quarter 2019 Financial Results

Gevo (GEVO) Misses Q2 EPS by 24c

August 14, 2019 4:37 PM EDT

Gevo (NASDAQ: GEVO) reported Q2 EPS of ($0.61), $0.24 worse than the analyst estimate of ($0.37). Revenue for the quarter came in at $5.1 million versus the consensus estimate of $7.02 million.

Recent Corporate Highlights

On August 13, 2019, Gevo announced that it has entered into an agreement with Air TOTAL International SA (Air TOTAL) for Gevo to supply its sustainable aviation fuel (SAF) to Air TOTAL for use and distribution in France and other parts of Europe. With the finalization of this new supply contract, Gevo will initially supply Air TOTAL SAF from the South Hampton facility in Silsbee,... More