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FutureFuel Releases First Quarter 2021 Results FutureFuel First Quarter Net Loss of $ 8.8 Million Reports Net Loss of $ 8.8 Million or ( $ 0.20 ) per Diluted Share , and Adjusted EBITDA of ( $ 7.8 ) Million CLAYTON , Mo. , May 07 , 2021 ( GLOBE NEWSWIRE ) -- FutureFuel Corp. ( NYSE : FF ) ( " FutureFuel " ) , a manufacturer of custom and performance chemicals and biofuels , today announced financial results for the first quarter ended March 31 , 2021 . First quarter 2021 Financial Highlights ( all comparisons are with the first quarter of 2020 ) • Revenues were $ 41.5 million , down 22 % from $ 53.1 million • Adjusted EBITDA was ( $ 7.8 ) million , down ( 177 % ) from $ 10.2 million • Net losses were $ 8.8 million , or ( $ 0.20 ) per diluted share , from net income of $ 19.0 million , or $ 0.44 per diluted share . " The story of our first quarter is dominated by one week in February when Winter Storm Uri brought severe disruption to the operation of our Batesville , AR manufacturing site . Natural Gas prices soared to 14,000 % of their normal values and production was curtailed in an effort to reduce Natural Gas consumption to its absolute minimum . Shutting down in such freezing conditions meant that the subsequent start - up was more problematic and took longer than we would typically anticipate . This loss of production reduced our revenue by approximately $ 3 million and increased energy costs of $ 7.8 million led to a net loss for the quarter . Nevertheless , we are encouraged by the underlying margins on biodiesel , absent the impact of extreme energy costs . We are beginning to see improved opportunity in our chemicals segment with a strong sense that the worst effects of the COVID - 19 pandemic in the USA may be behind us . " said Tom McKinlay , Chief Operating Officer for FutureFuel Corp. 2021 Cash Dividends In the first three months of 2021 , FutureFuel paid a regular quarterly cash dividend in the amount of $ 0.06 per share on our common stock . The remaining quarterly dividends of $ 0.06 per share will be paid in June , September , and December . Financial Overview and Key Operating Metrics Financial and operating metrics , which include non - GAAP financial measures , include dollars in thousands , except per share amounts : FutureFuelCorp . CertainFinancialand Operating Metrics ( Unaudited )