Pacific Ethanol (PEIX) Reports Q2 EPS of $0.27

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Pacific Ethanol Reports Second Quarter 2020 Results

August 11, 2020 4:05 PM EDT

Net income of $14.6 million and Adjusted EBITDA of $28.8 millionAdjusted EBITDA for the second half of 2020 expected to be in the range of $50 to $70 millionTotal debt reduced by $34.4 million during the quarter

SACRAMENTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (NASDAQ: PEIX), a leading producer and marketer of high quality alcohol products and low-carbon renewable fuels in the United States, reported its financial results for the three and six months ended June 30, 2020.

Our strong second quarter financial results, including net income of... More