Gevo to Delay Issuance of Fourth Quarter and Full Year 2024 Earnings Release and Investor Conference Call
Gevo (NASDAQ: GEVO) has announced a delay in releasing its fourth quarter and full year 2024 financial results, originally scheduled for March 6, 2025. The renewable hydrocarbon fuels and chemicals developer cited the need for additional time to finalize specific accounting treatments related to two main aspects: the purchase of Red Trail Energy assets and the capitalization of certain project expenses.
The company will announce a rescheduled date and time for both the earnings release and investor conference call in a future press release.
Gevo (NASDAQ: GEVO) ha annunciato un ritardo nella pubblicazione dei risultati finanziari del quarto trimestre e dell'intero anno 2024, inizialmente prevista per il 6 marzo 2025. Lo sviluppatore di combustibili e chimici idrocarburici rinnovabili ha citato la necessità di ulteriore tempo per finalizzare trattamenti contabili specifici relativi a due aspetti principali: l'acquisto degli asset di Red Trail Energy e la capitalizzazione di alcune spese di progetto.
La società annuncerà una nuova data e ora per il rilascio dei risultati e la conference call con gli investitori in un futuro comunicato stampa.
Gevo (NASDAQ: GEVO) ha anunciado un retraso en la publicación de sus resultados financieros del cuarto trimestre y del año completo 2024, que estaba programada originalmente para el 6 de marzo de 2025. El desarrollador de combustibles y productos químicos hidrocarburados renovables citó la necesidad de más tiempo para finalizar tratamientos contables específicos relacionados con dos aspectos principales: la compra de activos de Red Trail Energy y la capitalización de ciertos gastos de proyecto.
La compañía anunciará una nueva fecha y hora para la publicación de resultados y la llamada de conferencia con inversores en un futuro comunicado de prensa.
Gevo (NASDAQ: GEVO)는 2025년 3월 6일로 예정되어 있던 2024년 4분기 및 연간 재무 결과 발표가 지연된다고 발표했습니다. 재생 가능한 탄화수소 연료 및 화학 물질 개발업체는 Red Trail Energy 자산 구매 및 특정 프로젝트 비용 자본화와 관련된 특정 회계 처리 완료를 위해 추가 시간이 필요하다고 밝혔습니다.
회사는 향후 보도 자료에서 수익 발표 및 투자자 컨퍼런스 콜의 재조정된 날짜와 시간을 발표할 예정입니다.
Gevo (NASDAQ: GEVO) a annoncé un retard dans la publication de ses résultats financiers du quatrième trimestre et de l'année 2024, initialement prévue pour le 6 mars 2025. Le développeur de combustibles et de produits chimiques hydrocarbures renouvelables a cité la nécessité de temps supplémentaire pour finaliser des traitements comptables spécifiques liés à deux aspects principaux : l'achat des actifs de Red Trail Energy et la capitalisation de certaines dépenses de projet.
L'entreprise annoncera une nouvelle date et heure pour la publication des résultats et la conférence téléphonique avec les investisseurs dans un futur communiqué de presse.
Gevo (NASDAQ: GEVO) hat eine Verzögerung bei der Veröffentlichung seiner Finanzzahlen für das vierte Quartal und das gesamte Jahr 2024 angekündigt, die ursprünglich für den 6. März 2025 geplant war. Der Entwickler von erneuerbaren Kohlenwasserstoffbrennstoffen und -chemikalien nannte die Notwendigkeit zusätzlicher Zeit, um spezifische Buchhaltungsbehandlungen in Bezug auf zwei Hauptaspekte abzuschließen: den Kauf von Vermögenswerten der Red Trail Energy und die Kapitalisierung bestimmter Projektkosten.
Das Unternehmen wird in einer zukünftigen Pressemitteilung ein neues Datum und eine neue Uhrzeit für die Veröffentlichung der Ergebnisse und die Investorenkonferenz bekannt geben.
- None.
- Delay in financial reporting indicates potential accounting complexities
- Unexpected postponement of earnings release may create market uncertainty
ENGLEWOOD, Colo., March 06, 2025 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”), a leading developer of cost effective, renewable hydrocarbon fuels and chemicals with reduced greenhouse gas emissions, today announced that it will delay the issuance of its fourth quarter and full year 2024 earnings release and investor conference call previously scheduled for March 6, 2025.
The delay in the earnings release is required to allow additional time to finalize certain accounting treatments related to our purchase of the assets of Red Trail Energy, LLC, and the capitalization of certain other project expenses. The Company will issue a separate press release when a rescheduled date and time has been determined.
About Gevo
Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including synthetic aviation fuel ("SAF"), motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.
For more information, see www.gevo.com.
Media Contact
Heather Manuel
VP of Stakeholder Engagement & Partnerships
PR@gevo.com
Investor Contact
Eric Frey, PhD
Vice President of Corporate Development
IR@Gevo.com
FAQ
Why did Gevo (GEVO) delay its Q4 and FY 2024 earnings release?
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What accounting issues is GEVO reviewing for Q4 2024?
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