secwatch.observer — SEC 8-K summary
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Issuer:     Green Plains Inc. (GPRE)
CIK:        0001309402
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001309402-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309402/000130940224000019/0001309402-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309402/000130940224000019/gpre-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001309402-24-000019

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