PEKIN, Ill. (AP) 鈥� PEKIN, Ill. (AP) 鈥� Alto Ingredients, Inc. (ALTO) on Wednesday reported second-quarter net income of $11.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Pekin, Illinois-based company said it had profit of 15 cents.
The ethanol producer posted revenue of $245.7 million in the period.
Alto Ingredients shares have risen 76% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.06, more than quadrupling in the last 12 months.
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