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Pacific Ethanol: 1Q Earnings Snapshot

SACRAMENTO, Calif. (AP) _ Pacific Ethanol Inc. (PEIX) on Wednesday reported a loss of $12.9 million in its first quarter.

On a per-share basis, the Sacramento, California-based company said it had a loss of 29 cents.

The ethanol producer posted revenue of $355.8 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $1.08. A year ago, they were trading at $3.35.

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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 PEIX at https://www.zacks.com/ap/PEIX