Renewable Energy Group (REGI) Reports Q3 Loss of $0.35, Revenues Miss
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Renewable Energy Group Reports Third Quarter 2019 Financial Results
November 5, 2019 4:05 PM ESTQ3 2019 Highlights
188 million gallons sold 137 million gallons produced Revenues of $584.4 million Net loss from continuing operations of $13.8 million, or $0.35 per diluted share, inclusive of an $11.1 million impairment charge related to the New Boston plant closure Adjusted EBITDA of $10.6 million Estimated net benefit of potential reinstatement of the federal Biodiesel Mixture Excise Tax Credit (BTC) of $77.0 million for the third quarter 2019, $213.0 million for the nine months ended September 30, 2019 and $450.0 million cumulatively for 2018 and the first nine months of 2019AMES, Iowa--(BUSINESS... More
