Alto Ingredients Inc Stock Price, News & Analysis

Alto Ingredients (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, has scheduled its first quarter 2025 financial results release for May 7, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day.

Management will present prepared remarks via webcast followed by a Q&A session. Participants can access the webcast through Alto Ingredients' website or dial in directly. A replay of the webcast will be available on the company's website for one year, while a telephonic replay will be accessible from May 7, 2025, through May 14, 2025.

Alto Ingredients (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced that two long-standing directors, Douglas L. Kieta and Michael D. Kandris, will not seek reelection to the Board of Directors at the company's 2025 Annual Meeting of Stockholders on June 25, 2025.

President and CEO Bryon McGregor acknowledged their significant contributions, highlighting Kieta's technical expertise and determination, as well as Kandris's leadership as former Chief Operating Officer and CEO, noting their positive impact on the company's success and culture.

Alto Ingredients (NASDAQ: ALTO), a leading producer of specialty alcohols, renewable fuels and essential ingredients, has entered into a letter agreement with the Radoff/Torok Group on March 18, 2025. Under the agreement, the Radoff/Torok Group commits to vote their beneficially owned shares in favor of Board-nominated directors and according to Board recommendations during a defined Standstill Period.

The Standstill Period extends until either 30 days before the director nomination deadline for the 2026 Annual Meeting or 120 days prior to the first anniversary of the 2025 Annual Meeting (scheduled for June 25, 2025). The agreement includes customary standstill provisions, with complete details to be filed in a Current Report on Form 8-K with the SEC.

Alto Ingredients (NASDAQ: ALTO) reported its Q4 and full-year 2024 financial results, implementing significant cost-saving measures including cold idling the Magic Valley plant and reducing headcount by 16%, expected to save $8 million annually starting Q2 2025.

Key Q4 2024 metrics vs Q4 2023:

• Net sales decreased to $236.3M from $273.6M
• Net loss widened to $42.0M ($0.57/share) from $19.3M ($0.26/share)
• Adjusted EBITDA turned negative at -$7.7M compared to positive $3.5M

The company acquired a beverage-grade liquid CO2 processor near its Columbia site, with expected payback within two years. Management is exploring strategic options including asset sales and merger possibilities. Cash position stood at $35.5M as of December 31, 2024, with $88.1M in borrowing availability.

Alto Ingredients (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, has announced its participation in the upcoming 37th Annual Roth Conference.

The conference will take place from March 16th-18th, 2025 at The Laguna Cliffs Marriott in Dana Point, CA. The company's management team will be conducting one-on-one meetings with investors on March 17th.

Investors interested in meeting with Alto Ingredients management should reach out to their ROTH representative or contact Kirsten Chapman of Alliance Advisors Investor Relations via email at Investorrelations@altoingredients.com.

Alto Ingredients (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, has scheduled its fourth quarter and year-end 2024 financial results release for March 5, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time, featuring management's prepared remarks via webcast followed by a Q&A session.

The webcast will be available on Alto Ingredients' website and archived for one year. A telephonic replay will be accessible from March 5, 2025, 8:00 p.m. Eastern Time through March 12, 2025, 8:00 p.m. Eastern Time.

Alto Ingredients (NASDAQ: ALTO) has announced that its subsidiary, Alto Carbonic, has acquired Kodiak Carbonic, a beverage-grade liquid CO2 processor, for $7.25 million in cash plus working capital on January 1, 2025. The acquisition includes an improved long-term CO2 sales contract that will be immediately accretive.

The acquired facility, located in Boardman, OR, processes CO2 gas from Alto's Columbia plant to produce liquid CO2 for food, beverage, and industrial applications in the Northwestern U.S. The plant, operational since 2015, can process over 200 tons of liquid CO2 daily. The transaction includes a long-term off-take contract with a leading gas supplier, which helps secure future cash flows while improving distribution efficiency and expanding margins.

Alto Ingredients (NASDAQ: ALTO) announced it will cold idle its Magic Valley, Idaho facility on December 31, 2024, while maintaining terminal services at the plant. The decision comes in response to forecasted very low to negative crush margins in the West for Q1 2025. CEO Bryon McGregor stated the company will fulfill remaining contractual obligations and plans to resume operations when economic conditions improve sustainably. The company expects these actions to positively impact overall financial results.

Alto Ingredients (NASDAQ: ALTO) has released its second Sustainability Report, highlighting its 2023 achievements in producing sustainable specialty alcohols, renewable fuels, and essential ingredients. The company conducted materiality assessments identifying key focus areas including climate change, environmental management, and employee safety. Alto's sustainability initiatives resulted in multiple certifications and awards, including EcoVadis Bronze Medals, ACD Responsible Distribution™, and various food safety certifications.

The company identified long-term market opportunities in bio-based renewables, including sustainable aviation fuel (SAF), carbon capture & storage, and novel uses for waste products. Alto's commitment to sustainability encompasses monitoring environmental risks, energy efficiency, emissions, waste management, and water usage while maintaining product quality and safety standards.