Gevo, Inc. reported impairment loss for the third quarter ended September 30, 2022. For the quarter, the company recorded a $24.7 million impairment loss on long-lived assets, which reduced the carrying value of certain property, plant, and equipment, and a leased right of use ("ROU") asset, at the Agri-Energy segment to its fair value. The impairments recorded to date relate to the determination to suspend production at the Luverne Facility and shift the plant into an idled, care and maintenance status during the third quarter of 2022.
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5-day change | 1st Jan Change | ||
0.6596 USD | -0.18% | +1.88% | -43.14% |
05-02 | Transcript : Gevo, Inc., Q1 2024 Earnings Call, May 02, 2024 | |
05-02 | Earnings Flash (GEVO) GEVO Posts Q1 Revenue $4M, vs. Street Est of $4.57M | MT |
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1st Jan change | Capi. | |
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-43.14% | 152M | |
+3.26% | 1.84B | |
-.--% | 209M | |
-7.56% | 190M |
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