The updated outlook reflects REG’s preliminary estimates as of the date of this press release and is subject to change based on completion of our financial closing procedures. Accordingly, our actual results may differ from our estimates and those differences may be material. The company expects in early November to report third quarter results and offer new guidance for the full year 2012.* Adjusted EBITDA is defined as earnings before interest, taxes, depreciation and amortization and further adjusted for other income/expense, net change in fair value of Seneca Holdco liability, change in fair value of preferred stock conversion feature embedded derivatives, stock issued for glycerin agreement termination, straight-line lease expense, and non-cash stock compensation. Because comparable GAAP financial measures are not able to be determined by the Company at the current time, management does not believe it is able to reconcile the non-GAAP information provided without unreasonable effort. Accordingly, such information has not been provided because the quarter-end financial results have not yet been finalized as part of the normal quarterly closing process.
Renewable Energy Group Provides Updated Guidance For Third Quarter 2012
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