Agiri said first-quarter performance was “better than expected” due to production and margin strength “in spite of typical seasonal softness in ethanol margins.” He added that the company is “optimizing value” across carbon, commodities, and tax credits while maintaining cost discipline.On a non-GAAP basis, Agiri said adjusted EBITDA was $9 million, compared with a loss of $15 million in Q1 of last year. He attributed adjusted EBITDA performance primarily to contributions from carbon capture, low-carbon eth ...