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Stock impact report

Gevo Inc (GEVO) Reports Increased Revenue and Reduced Operating Loss in Full Year 2023 [Yahoo! Finance]

Gevo, Inc. (GEVO) 
Last gevo, inc. earnings: 11/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gevo.com
Company Research Source: Yahoo! Finance
Operating Loss Reduction : The company's loss from operations decreased notably due to increased revenue streams and absence of prior year's impairment loss. Cost of Production : Cost of production saw an uptick, reflecting the ramp-up in RNG project sales. Depreciation and Amortization : There was a substantial increase in depreciation and amortization expenses, mainly due to additional depreciation for RNG assets. Research and Development : R&D expenses decreased slightly, with a reduction in consulting expenses offset by increased personnel costs. General and Administrative Expenses : G&A expenses rose, primarily due to hiring and professional consulting fees. Interest and Investment Income : The company enjoyed a significant increase in interest and investment income, benefiting from higher interest rates on cash equivalent investments. Warning! GuruFocus has detected 5 Warning Signs with GEVO. On March 7, 2024, Gevo Inc ( NASDAQ:GEVO ) released its 8-K filing , det Show less Read more
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