Gevo, Inc. (NASDAQ:GEVO) shares are trading higher Tuesday after the company reported better-than-expected second quarter earnings per share results.
What To Know: Geo reported earnings per share of 1 cent, beating the consensus estimate of a 6 cent-loss. In addition, the company reported sales of $43.41 million, missing the consensus estimate of $50.78 million, but up $14 million from the prior quarter.
Revenue growth was supported by the start of Clean Fuel Production Credit and Carbon Dioxide Removal credit sales, which together added more than $22 million to results in the first half of 2025.
The company posted net income of $2.1 million and Adjusted EBITDA of $17 million for the quarter, citing contributions from low-carbon ethanol, renewable natural gas and new carbon credit sales.
Gevo North Dakota operations contributed $17.1 million to income from operations in the quarter, while the company's renewable natural gas facility added $1.5 million. CEO Patrick Gruber said the performance reflects "real cash flow, not one-time, not speculative," and positions Gevo for future growth in sustainable aviation fuel production.
The company ended the quarter with $126.9 million in cash, cash equivalents and restricted cash, and said it achieved positive net income and Adjusted EBITDA for both the second quarter and the first half of 2025.
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GEVO Price Action: At the time of writing, Gevo stock is trading 54.11% higher at $1.935, according to data from Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.
