Gevo Tightens Belt, Plans to Push Forward with Project Funding Amid COVID-19 Layoffs
Gevo, Inc. (GEVO)
Last gevo, inc. earnings: 11/12 04:05 pm
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US:NASDAQ Investor Relations:
ir.gevo.com
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Source: GlobeNewswire
ENGLEWOOD, Colo., March 31, 2020 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that due to the impact the COVID-19 virus has had on the economy and Gevo’s industry, Gevo has suspended production operations at its production facility in Luverne, Minnesota (the “Luverne Facility”) for the foreseeable future. In connection with the suspension of operations and the overall economic disruption caused by COVID-19, Gevo also made the difficult decision to terminate 30 employees, cutting across Agri-Energy’s operations at the Luverne Facility and Gevo’s headquarters in Colorado. The remaining employees that earn above a certain dollar threshold, including senior executives, have agreed to take a 20% salary reduction
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GEVO
News
- Gevo and Future Energy Global Sign SAF Scope 1 and Scope 3 Voluntary Carbon Credit Offtake Agreement to Accelerate Book-and-Claim MarketGlobeNewswire
- Is Gevo, Inc. (GEVO) the Best Ethanol Stock to Buy According to Hedge Funds? [Yahoo! Finance]Yahoo! Finance
- Verity Announces Agreement with Minnesota Soybean Processors to Track and Verify Sustainable Agriculture Attributes [Yahoo! Finance]Yahoo! Finance
- Verity Announces Agreement with Minnesota Soybean Processors to Track and Verify Sustainable Agriculture AttributesGlobeNewswire
- Gevo, Inc. (NASDAQ: GEVO) had its price target lowered by analysts at UBS Group AG from $3.25 to $1.15. They now have a "neutral" rating on the stock.MarketBeat
GEVO
Earnings
- 11/7/24 - Beat
GEVO
Sec Filings
- 4/9/25 - Form DEFA14A
- 4/9/25 - Form DEF
- 4/9/25 - Form 8-K
- GEVO's page on the SEC website