Stock Monitor: Celanese Post Earnings Reporting

LONDON, UK / ACCESSWIRE / April 26, 2018 / Active-Investors.com has just released a free earnings report on Gevo, Inc. (NASDAQ: GEVO). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=GEVO. The Company posted its financial results for the fourth quarter fiscal 2017 (Q4 FY17) and full year fiscal 2017 (FY17) on March 28, 2018. The Company's quarterly revenues grew on year-over-year to eclipse market expectations. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is currently working on the research report for Celanese Corporation (NYSE: CE), which also belongs to the Basic Materials sector as the Company Gevo. Do not miss out and become a member today for free to access this upcoming report at:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Gevo most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=GEVO

Earnings Highlights and Summary

In Q4 FY17, Gevo's total revenues increased to $6.68 million from $5.84 million recorded at the end of Q4 FY16. Total revenue number for the reported quarter outperformed market expectations of $5.40 million. During Q4 FY17, ethanol sales' revenues were $6.57 million, up from $5.33 million in Q4 FY16.

The next generation biofuels Company reported net loss of $4.39 million, or $0.20 loss per diluted common share, in Q4 FY17 compared to net loss of $2.29 million, or $0.33 loss per diluted common share, in Q4 FY16. The Company posted non-GAAP net loss of $5.61 million, or $0.26 loss per diluted share, in Q4 FY17 which came in lower than the non-GAAP net loss of $7.83 million, or $1.14 loss per diluted share, reported in the previous year's comparable quarter.

For full year FY17, Gevo total revenues stood at $27.54 million, up from $27.21 million in the FY16. The Company's net loss was $24.63 million, or $1.51 loss per diluted common share, during FY17 versus net loss of $37.23 million, or $9.68 loss per diluted common share, in FY16. Moreover, the Company reported non-GAAP net loss of $26.21 million, or $1.61 loss per diluted share, in FY17 compared to non-GAAP net loss of $31.61 million, or $8.22 loss per diluted share in FY16.

Operating Metrics

The Englewood, Colorado-based Company's cost of goods sold increased to $9.34 million during Q4 FY17 from $8.16 million in the past year's comparable quarter. The Company recorded gross of $2.66 million in Q4 FY17, rising from $2.32 million in Q4 FY16. The Company incurred research and development (R&D) expenses of $0.86 million during Q4 FY17 versus $1.55 million in Q4 FY16. Selling, general, and administrative (SG&A) expense was $1.28 million during the reported quarter versus $2.63 million in Q4 FY16. Total operating expenses decreased to $2.15 million during the reported quarter from $4.17 million in the last year's corresponding quarter.

During Q4 FY17, the Company reported loss from operation of $4.81 million compared to loss from operation of $6.49 million in Q4 FY16. Furthermore, non-GAAP cash EBITDA loss stood at $3.06 million for Q4 FY17 versus non-GAAP cash EBITDA loss of $4.71 million in the year ago same period.

Cash Matters and Balance Sheet

In the quarter ended on December 31, 2017, Gevo used $4.19 million in its operating activities versus net cash used in operating activities of $4.31 million in the prior year's comparable quarter. The Company's cash and cash equivalents balance stood at $11.55 million as on December 31, 2017, compared to $27.89 million at the close of books on December 31, 2016.

Stock Performance Snapshot

April 25, 2018 - At Wednesday's closing bell, Gevo's stock declined 2.77%, ending the trading session at $0.34.

Volume traded for the day: 122.80 thousand shares.

After yesterday's close, Gevo's market cap was at $7.97 million.

The stock is part of the Basic Materials sector, categorized under the Chemicals - Major Diversified industry. This sector was flat at the end of the session.

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