Green Plains Q4 net income $7.2M, EPS $0.12; initiates strategic review

Green Plains Inc.

2023-FY EPS reported -$1.59 revenue$3,295,743,000

Net income of $7.2M ($0.12 diluted EPS) vs net loss of $38.6M ($0.66 loss) in Q4 2022.
EBITDA $44.7M, up from $5.7M YoY; revenue $712.4M, down 22% from $914.0M.
Board initiates formal strategic alternatives review, including potential sale or merger.
Acquired Green Plains Partners LP; achieved 95% utilization; CST commissioning in Q1 2024.
Cash and equivalents $378.8M, $251M revolver; total debt $599.7M.

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