Pacific Ethanol (PEIX) tanks after hours as its Q4 comes up shy of estimates. Net sales came in...
Pacific Ethanol (PEIX) tanks after hours as its Q4 comes up shy of estimates. Net sales came in at $241.8M, up 80% from $134.2M in the year-ago period. Net losses for the period were $2.4M compared to net loss of $12.1M last year. The company also sees a 5% slowdown in industry output, and says it has cut back at its own plants a bit more than that. Shares -22% AH.
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