Gevo Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]
Gevo, Inc. (GEVO)
Last gevo, inc. earnings: 11/12 04:05 pm
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ir.gevo.com
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Source: Yahoo! Finance
ENGLEWOOD, Colo., March 07, 2024 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”) today announced financial results for the fourth quarter and full year 2023 and recent corporate highlights. Recent Corporate Highlights Net-Zero 1 and 2024 Expected Uses of Cash: We ended the fourth quarter with cash, cash equivalents, and restricted cash of $375.6 million. The total that Gevo expects to have spent to achieve financial close is $236.0 million - $238.0 million (excluding certain internal cost allocations), of which only $125.0 million - $175.0 million is remaining. The expected spend on Net-Zero 1 constitutes the majority of growth and project related uses of cash expected in 2024. Renewable Natural Gas (“RNG”): In the fourth quarter, our RNG project generated positive, stand-alone non-GAAP cash EBITDA of approximately $1.3 million and annualized production of 91% of the 400,000 MMBtu per year of RNG capacity. As previously announced in Ja
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News
- Gevo to Report First Quarter 2024 Financial Results on May 2, 2024GlobeNewswire
- Gevo, Inc. (NASDAQ: GEVO) had its price target lowered by analysts at UBS Group AG from $1.36 to $0.85. They now have a "neutral" rating on the stock.MarketBeat
- Farmers Edge and Gevo Enter Collaboration on Climate-Smart Farm-to-Flight Project [Yahoo! Finance]Yahoo! Finance
- Farmers Edge and Gevo Enter Collaboration on Climate-Smart Farm-to-Flight ProjectBusiness Wire
- Gevo RNG Subsidiary Successfully Remarkets Its Tax-Exempt Green BondsGlobeNewswire
GEVO
Earnings
- 3/7/24 - Miss
GEVO
Analyst Actions
- 4/10/24 - UBS
GEVO
Sec Filings
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- 4/1/24 - Form 8-K
- GEVO's page on the SEC website