secwatch.observer — SEC 8-K summary
======================================

Issuer:     Green Plains Inc. (GPRE)
CIK:        0001309402
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001309402-24-000111
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Plains Q2 net loss narrows to $24.4M, EBITDA turns positive; sells Birmingham terminal to repay debt
--------------------------------------------------------------------------------

- Net loss attributable to Green Plains of $24.4M, or EPS $(0.38), vs net loss of $52.6M ($0.89) in Q2 2023.
- Revenues $618.8M, down 28% YoY due to lower weighted average selling prices.
- EBITDA $4.8M vs $(15.0)M prior year; ethanol production crush margin $22.7M vs $4.6M.
- Entered definitive agreement to sell unit train terminal in Birmingham; proceeds to repay Green Plains Partners term loan.
- Commissioning of Clean Sugar Technology facility began; record yields for corn oil and Ultra-High Protein.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309402/000130940224000111/0001309402-24-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309402/000130940224000111/gpre-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001309402-24-000111

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