Aemetis: Q1 Earnings Snapshot

Associated Press Finance
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CUPERTINO, Calif. (AP) — CUPERTINO, Calif. (AP) — Aemetis Inc. (AMTX) on Thursday reported a loss of $26.4 million in its first quarter.

The Cupertino, California-based company said it had a loss of 73 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.

The renewable fuels and specialty chemicals company posted revenue of $2.2 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $58.2 million.

The company's shares closed at $2.17. A year ago, they were trading at $10.14.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMTX at https://www.zacks.com/ap/AMTX

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