Alto Ingredients Q2 FY26 swings to net profit of $11.4 million; net sales rise 12.5% to $245.7 million - ALTO News | RalliesAlto Ingredients Q2 FY26 swings to net profit of $11.4 million; net sales rise 12.5% to $245.7 million
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ALTO• Quarterly results improve across income and profitability measures
- Alto Ingredients swung to Q2 net income attributable to common stockholders of $11.4 million, or $0.15 a share, from a loss.
- Net sales rose 12.5% to $245.7 million, while gross profit turned positive at $16.6 million from a gross loss.
- Non-GAAP adjusted EBITDA climbed to $23.7 million from negative $0.2 million, marking a fourth straight profitable quarter.
- The company established a $50 million at-the-market equity program; cash totaled $24 million, with borrowing availability of $106 million.
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