Green Plains Q3 net income $22.3M vs year-ago loss; EBITDA $52M

Green Plains Inc.

2023-Q3 EPS reported -$1.71 revenue$2,583,351,000

Net income $22.3M ($0.35 diluted EPS) vs net loss $73.5M ($1.27 loss) in Q3 2022.
Revenue $892.8M, down 6.5% from $955M; EBITDA $52.0M vs ($35.6M).
Ethanol crush margin swung to $48.5M from ($20.5M); plant utilization 93.9%.
Merger agreement to acquire all publicly held common units of Green Plains Partners for 0.405 shares + $2.00 cash per unit.
Completed 60% protein production runs; expects first Clean Sugar facility mechanically complete by year-end.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Green Plains Inc. reported the third quarter of 2023 results: revenue $892.8 million, net income $22.3 million, EPS $0.35 per diluted share.

Period: the third quarter of 2023
Revenue: $892.8 million
Net income: $22.3 million
EPS: $0.35 per diluted share
Result: reported results

Exact text from the filing

million, or $0.35 per diluted share, compared to net loss attributable to the company of $73.5 million, or ($1.27) per diluted share, for the same period in 2022. Revenues were $892.8 million for the third quarter of 2023 compared with $955.0 million for the same period last year. EBITDA was $52.0 million compared with ($35.6) million for the same period in the prior

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Source: SEC EDGAR

accession 0001309402-23-000154

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