Pacific Ethanol, Inc. Announces 591% Increase In Q2 Bottom Line

(RTTNews) - Pacific Ethanol, Inc. (PEIX) revealed a profit for its second quarter that climbed from last year.

The company said its bottom line advanced to $4.70 million, or $0.11 per share. This was up from $0.68 million, or $0.03 per share, in last year's second quarter.

The company said revenue for the quarter rose 85.8% to $422.86 million. This was up from $227.62 million last year.

Pacific Ethanol, Inc. earnings at a glance:

-Earnings (Q2): $4.70 Mln. vs. $0.68 Mln. last year. -Earnings Growth (Y-o-Y): 591.2% -EPS (Q2): $0.11 vs. $0.03 last year. -EPS Growth (Y-o-Y): 266.7% -Revenue (Q2): $422.86 Mln vs. $227.62 Mln last year. -Revenue Change (Y-o-Y): 85.8%