secwatch.observer — SEC 8-K summary
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Issuer:     Green Plains Inc. (GPRE)
CIK:        0001309402
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001309402-23-000069
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Plains Q1 net loss widens to $70.3M; EPS ($1.20) on revenue $832.9M
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- Net loss attributable to company $70.3M (($1.20)/share) vs net loss $61.5M (($1.16)/share) in Q1 2022.
- Revenue rose 6.6% YoY to $832.9M driven by higher volumes of ethanol, distillers grains, Ultra-High Protein, and renewable corn oil.
- Ultra-High Protein sales surged to 52,000 tons (up 40,000 tons YoY); record daily production at five MSC facilities.
- Consolidated ethanol crush margin negative ($0.07)/gallon; ethanol production segment operating loss of $53.4M.
- Cash and equivalents $408.3M; $159.0M available under committed credit facility; total debt $709.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309402/000130940223000069/0001309402-23-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309402/000130940223000069/gpre-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001309402-23-000069

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