PEKIN, Ill. (AP) — PEKIN, Ill. (AP) — Alto Ingredients, Inc. (ALTO) on Wednesday reported fourth-quarter net income of $21.8 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Pekin, Illinois-based company said it had net income of 28 cents. Earnings, adjusted for non-recurring gains, were 19 cents per share.

The ethanol producer posted revenue of $232 million in the period.

For the year, the company reported net income of $13.3 million, or 16 cents per share, swinging to a profit in the period. Revenue was reported as $917.9 million.

In the final minutes of trading on Wednesday, the company’s shares hit $2.60. A year ago, they were trading at $1.44.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALTO at https://www.zacks.com/ap/ALTO