Green Plains Q2 net income $46.4M ($0.73 EPS) vs $9.7M last year; revenue up 40% to $1.01B

Green Plains Inc.

2022-Q2 EPS reported -$0.28 revenue$1,793,829,000

Net income $46.4M (diluted EPS $0.73) vs $9.7M ($0.20) in Q2 2021; revenue $1.01B (+40% YoY).
EBITDA $84.4M includes $27.7M USDA COVID relief; consolidated crush margin $0.28/gal.
Plant utilization 96.9%; commissioning MSC systems in Central City, Mount Vernon, Obion.
Cash & equivalents $604.2M; $70M revolver; converted remaining $64M convertible notes.
Announced aquafeed partnership with Riverence; broke ground on MSC at Tharaldson Ethanol.

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