Pacific Ethanol (PEIX) 1Q FY'2011 Net Sales ($173.1M) Grew 143% Over the Same Period of 2010

karmastock 2011-05-12

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-I'm Christina Collins with CRWE Newswire --- Today's company highlight is Pacific Ethanol Incorporated trading with the symbol PEIX ---Pacific Ethanol Incorporated is the leading marketer and producer of low-carbon renewable fuels in the Western United States--- PEIX also sells co-products, including wet distillers grain, a nutritional animal feed-PEIX recently reported its financial results for the First Quarter 2011 -Highlights Include -Net sales were $173.1 million for the first quarter of 2011, up 143% compared to $71.3 million for the first quarter of 2010 -Total gallons sold were 84.6 million for the first quarter of 2011, an increase of 25.9 million gallons over the 58.7 million gallons sold in the first quarter of 2010- Adjusted EBITDA for the First Quarter of 2011 Improved to $1.5 Million From a Loss of $6.4 Million in the Same Period of 2010 ---For more information about PEIX, visit pacificethanol.net --- I'm Christina Collins with CRWE Newswire

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