Renewable Energy Group (REGI) Tops Q1 EPS by 73c, Revenues Miss

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Renewable Energy Group Reports First Quarter 2020 Financial Results

April 30, 2020 4:05 PM EDT

Q1 2020 Highlights

140 million gallons of fuel sold 121 million gallons of fuel produced Revenues of $475 million Net income from continuing operations available to common stockholders of $75 million, or $1.72 per diluted share Adjusted EBITDA of $90 million Net cash proceeds of $500 million from the reinstatement of the Biodiesel Mixture Excise Tax Credit (BTC) related to 2018 and 2019 operations received in March and April 2020 Established COVID-19 Emergency Response Team in January to monitor and react to the virus to protect our employees, vendors, customers and other business... More