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Renewable Energy Group Reports First Quarter 2016 Financial Results


Q1 2016 Highlights
• 98 million gallons sold, up 63.7% y/y
• 86 million gallons produced, up 42.1% y/y
• Net income of $2 million
• Adjusted EBITDA of $10 million
• Closed acquisition of 20 million gallon nameplate biorefinery in DeForest, WI
• Secured $30 million line of credit for REG Energy Services
• Completed remainder of $30 million share repurchase plan in April 2016

Net income attributable to common stockholders was $0.04 per share on a fully diluted basis, or $1.6 million. This compares to a net loss of $0.86 per share on a fully diluted basis, or $38.1 million.