
Alto Ingredients' stock surges 38% after hours to $1.60 following Q3 earnings release. Net income up to $13.9 million.
Shares of Alto Ingredients Inc. (NASDAQ: ALTO) surged 38% to $1.60 in after-hours trading post the third-quarter earnings release. The stock had closed at $1.16 on Wednesday, registering a 2.65% increase. The Illinois-based company reported significant improvements in Q3 2025 compared to Q3 2024. Net Income saw a substantial rise from -$2.8 million to $13.9 million, with Earnings Per Share (EPS) increasing from -$0.04 to $0.19. Gross Profit also notably rose from $6.0 million to $23.5 million, and Adjusted EBITDA climbed from $12.2 million to $21.4 million. The company's revenue mix adjustments contributed to margin expansion. Cost of goods sold decreased from $245.9 million to...

