Aemetis Beats Earnings Expectations Despite Net Loss

Aemetis (NASDAQ:AMTX) reported its quarterly earnings results on Thursday, beating analysts' consensus estimates by $0.16 EPS.

The specialty chemicals company posted a net loss of $9.4 million for the quarter, despite revenue increasing 20% year over year to $62.7 million.

Aemetis management cited higher ethanol and RNG volumes, improved ethanol pricing, lower corn costs, and Section 45Z credits as factors contributing to its quarterly results.