ALTO - Why Specialty Alcohols Producer & Distributor Alto Ingredients' Shares Are Tanking Today | Benzinga
Alto Ingredients Inc (NASDAQ: ALTO) shares are trading lower by over 55% after the company reported Q3 FY23 results.
Net sales of $318.1 million topped the consensus of $308.7 million.
Gross profit stood at $4.2 million, vs. a gross loss of $(19.8) million the prior year.
Adjusted EBITDA (including the ...