secwatch.observer — SEC 8-K summary
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Issuer:     Green Plains Inc. (GPRE)
CIK:        0001309402
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001309402-24-000089
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Plains Q1 net loss $51.4M ($0.81 EPS); revenue $597M down 28% YoY
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- Net loss attributable to company $51.4M ($0.81 loss per share) vs $70.3M loss ($1.20) in Q1 2023.
- Revenue $597.2M, down 28% from $832.9M; EBITDA ($21.5M) vs ($27.7M) prior year.
- Ethanol crush margin ($9.3M) improved from ($12.5M); Ultra-High Protein sold 60K tons (+15.4%).
- New Sequence brand launched; ~10% of high-protein capacity sold vs target 20-30% by year-end.
- Segment reporting revised from three to two after Jan 2024 merger with Green Plains Partners LP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309402/000130940224000089/0001309402-24-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309402/000130940224000089/gpre-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001309402-24-000089

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