secwatch.observer — SEC 8-K summary
======================================

Issuer:     Green Plains Inc. (GPRE)
CIK:        0001309402
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001171843-22-007043
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Plains Q3 net loss widens to $73.5M; revenue up 28% on higher volumes
---------------------------------------------------------------------------

- Net loss of $73.5M ($1.27 loss per share) vs $59.6M loss a year ago; revenue $955M vs $746.8M.
- Consolidated ethanol crush margin turned negative at $(0.09)/gal due to record corn basis and $11.2M LCM adjustment.
- MSC technology now at 50%+ of platform by year-end; clean sugar facility construction underway in Shenandoah, Iowa.
- Leadership changes: Patrich Simpkins to Chief Transformation Officer, Jim Stark appointed CFO.
- Remaining $34.3M of 4.125% convertible notes converted; strong liquidity of $512.4M cash and $155M credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309402/000117184322007043/0001171843-22-007043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309402/000117184322007043/f8k_110322.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer