Earnings Call Summary | Alto Ingredients(ALTO.US) Q2 2024 Earnings Conference
Earnings Call Summary | Alto Ingredients(ALTO.US) Q2 2024 Earnings Conference
The following is a summary of the Alto Ingredients, Inc. (ALTO) Q2 2024 Earnings Call Transcript:
以下是Alto Ingredients，Inc.(ALTO) 2024年Q2业绩会议要点摘要：
Financial Performance:
金融业绩：
Alto Ingredients reported Q2 2024 net sales of $236 million, down from $317 million in Q2 2023, mainly due to lower market prices.
Gross profit for Q2 2024 was $7.6 million, a decrease from Q2 2023, but an improvement over Q1 2024.
The company experienced a consolidated net loss of $3.1 million in Q2 2024 versus a net income of $7.6 million in Q2 2023.
Adjusted EBITDA for Q2 2024 was negative $5.9 million, including costs related to mill outage and losses on derivatives.
Alto Ingredients报告2024年第二季度净销售额为2.36亿美元，相比Q2 2023年的3.17亿美元有所下降，这主要是由于市场价格下降。
2024年第二季度的毛利润为760万美元，相比于Q2 2023年有所下降，但相比2024年第一季度有所改善。
该公司2024年第二季度的净亏损为310万美元，而在Q2 2023年则是净利润760万美元。
2024年第二季度调整后的EBITDA为负590万美元，包括与工厂停机和衍生品亏损相关的成本。
Business Progress:
业务进展：
Alto Ingredients is strategically enhancing its production capacity and efficiency, notably through the addition of a second loading dock at the Pekin campus that is expected to reduce transportation costs substantially.
They continue to embrace sustainability with their ICP and Pekin plants receiving a 2024 Bronze Medal sustainability rating from EcoVadis.
They restarted operations at the Magic Valley plant with adjustments improving operational capacity utilization and product quality.
Alto Ingredients正在战略性地增强其生产能力和效率，特别是通过在Pekin校园添加第二个装载码头，预计能大大降低运输成本。
他们继续推崇可持续性，他们的ICP和Pekin工厂从EcoVadis获得2024年铜奖可持续性评级。
他们调整了操作参数，提高了操作容量利用率和产品质量，在Magic Valley工厂重新启动了运营。
Opportunities:
机会：
The company's operations now include a focus on carbon capture and storage (CCS) projects, and recent legislative developments like the SAFE CCS Act are expected to shape their compliance and operational actions moving forward.
该公司的业务现在包括聚焦于碳捕集和储藏（CCS）项目，最近的立法进展，如安全CCS法案，预计将塑造他们的合规和操作行动。
Risks:
风险：
Increased production costs due to biannual wet mill outages and maintenance activities, coupled with lower feed and carbon prices, specifically impacted their financial results in Q2.
The fluctuating costs and uncertain revenue projections related to the carbon capture and storage (CCS) projects, due to dynamic market conditions and new regulatory requirements, pose a potential risk.
由于半年一次的潮湿磨机停机和维护活动，加上饲料和炭价格下跌，这在Q2中对财务业绩产生了影响。
与动态市场条件和新的监管要求有关的碳捕集和储存（CCS）项目的波动成本和不确定的收入预测可能构成潜在风险。
More details: Alto Ingredients IR
更多详情：Alto Ingredients IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由AI生成。文章内容的准确性无法完全保证。有关更全面的详细信息，请参阅IR网站。本文只是为投资者提供参考，没有任何指导或推荐建议。