REX American Resources Corporation announced its fiscal first quarter 2025 results, reporting net sales and revenue of $158.3 million, a slight decrease from the $161.2 million recorded in the same quarter of the previous year. The decline was primarily due to lower volumes and sales prices for distiller grains, although this was partially offset by improved ethanol pricing. The company achieved a net income per share attributable to REX common shareholders of $0.51 for the fiscal first quarter of 2025. The gross profit for the quarter was $14.3 million, compared to $14.5 million in the first quarter of 2024. Interest and other income for the quarter stood at $4.2 million, down from $5.9 million in the prior year. This resulted in an income before income taxes and non-controlling interests of $13.6 million, compared with $16.0 million in the corresponding quarter of 2024. During the quarter, REX repurchased approximately 822,000 shares for a total consideration of $32.7 million, representing a significant buyback of about 6.8% of outstanding shares since December 2024. The company's consolidated ethanol sales volumes were reported at 70.9 million gallons. Chief Executive Officer Zafar Rizvi highlighted the company's continued strong financial performance and commitment to delivering value to shareholders while preparing for future growth challenges. The company's fiscal first quarter results reflect its interests in six ethanol production facilities, with One Earth Energy, LLC, and NuGen Energy, LLC being consolidated, and four other plants reported as equity in income of unconsolidated affiliates.