Gevo Reports First Quarter 2020 Financial Results

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Go back to Gevo Reports First Quarter 2020 Financial Results

Gevo (GEVO) Misses Q1 EPS by 15c, Revenues Miss

May 12, 2020 4:27 PM EDT

Gevo (NASDAQ: GEVO) reported Q1 EPS of ($0.59), $0.15 worse than the analyst estimate of ($0.44). Revenue for the quarter came in at $3.8 million versus the consensus estimate of $6.3 million.

2020 First Quarter Financial Highlights

Ended the quarter with cash and cash equivalents of $9.3 million compared to $16.3 as of the end Q4 2019Revenue of $3.8 million for the quarter compared to $6.4 million in Q1 2019Hydrocarbon revenue decreased to $0.1 million for the quarter... More