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Benson Hill Inc - BHIL STOCK NEWS

Welcome to our dedicated news page for Benson Hill (Ticker: BHIL), a resource for investors and traders seeking the latest updates and insights on Benson Hill.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Benson Hill's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Benson Hill's position in the market.

News
Benson Hill Announces First Quarter Earnings Release Date
Rhea-AI Summary
Benson Hill, an ag tech company, is set to release its financial results for the first quarter of 2024 on May 9, 2024. The results will showcase the company's performance and financial standing, providing investors with valuable insights into its growth trajectory.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.37%
Tags
earnings
-
News
Benson Hill Reports Solid Full-Year 2023 Financial Results, Strengthens Balance Sheet
Rhea-AI Summary
Benson Hill, Inc. (NYSE:BHIL) announced financial results for 2023, retiring senior convertible debt, ending with $48.9 million in cash. Revenues increased by 24%, with a gross profit increase of $20.1 million. Net loss from continuing operations was $111.3 million. Adjusted EBITDA loss improved by over 40%. The company is focusing on an asset-light business model in animal feed markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.76%
Tags
earnings
-
News
Benson Hill Successfully Retires Term Loan Facility, Divests Iowa Processing Operation For $72 Million
Rhea-AI Summary
Benson Hill, Inc. (NYSE: BHIL) announces the full retirement of high-interest senior convertible debt and the sale of its Creston, Iowa processing business for $72 million to White River Soy Processing. The company emphasizes its commitment to seed innovations and asset efficiency, transitioning to an asset-light business model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.5%
Tags
none
News
Benson Hill Announces Chief Financial Officer Transition
Rhea-AI Summary
Benson Hill, Inc. (NYSE: BHIL) appoints Susan Keefe as CFO effective March 29, 2024, succeeding Dean Freeman. Keefe, a seasoned enterprise leader, brings deep life sciences and biotechnology industry experience. The move aims to reshape the organization towards an asset-light partnership model, enhancing financial profile and genetic value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.5%
Tags
none
-
News
Benson Hill Announces Date of Fourth Quarter and Full Year Earnings Release
Rhea-AI Summary
Benson Hill, Inc. (NYSE: BHIL) has announced the release of its financial results for the full year and fourth quarter ending Dec. 31, 2023. The company will host a webcast to discuss the results and expects to file its 2023 audited financial statements within its Annual Report on Form 10-K by March 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.54%
Tags
earnings
-
News
Benson Hill Announces Gains in Soybean Breeding Program; Introduces Five 2024 Soybean Varieties Delivering Higher Protein and Improved Yield Potential
Rhea-AI Summary
Benson Hill, Inc. (NYSE: BHIL) has made significant progress in its soybean breeding program, with a 45% reduction in yield drag and a 2% increase in protein levels in its proprietary soybean varieties. The company aims to launch five new soybean varieties in 2024 with higher protein levels and improved field performance. Benson Hill also plans to launch herbicide tolerance in soybean varieties used for food ingredients in 2025, and expects to double its seed portfolio by 2025, offering two dozen varieties that encompass protein, lower indigestible sugars, and quality oil.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.78%
Tags
none
News
Benson Hill Announces Third Quarter 2023 Financial Results, Improves 2023 Outlook, and Pays Down Debt
Rhea-AI Summary
BHIL: Benson Hill Announces Q3 2023 Financial Results, Reports 8% Revenue Decrease, Improves 2023 Outlook, and Pays Down Debt. Despite challenges in soy crush margins and reduced demand for proprietary products, the company saw a 27% increase in proprietary revenues. Gross profit was $4.1 million, with a net loss from continuing operations of $19.2 million. The company ended the quarter with $86.2 million in cash, restricted cash, and marketable securities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.91%
Tags
earnings
-
News
Benson Hill Transfers Ownership of its Seymour, Indiana, Crush Facility to White River Soy Processing with $36 Million Asset Purchase Agreement
Rhea-AI Summary
Benson Hill, a food tech company, has transferred ownership of its soybean crush facility in Seymour, Indiana to White River Soy Processing for $36 million. The proceeds will be used to improve liquidity, pay down debt, and reduce costs. The facility has been owned by Benson Hill since 2021. Approximately 30 team members will become employees of White River, and contracts with farmer partners will be honored.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
none
-
News
Benson Hill Takes Steps to Strengthen Financial Position and Accelerate Shift to Asset-Light Model Focused on Animal Feed Markets
Rhea-AI Summary
Benson Hill, a food tech company, plans to improve its financial position and transition to an asset-light business model. They will focus on expanding into animal feed markets while continuing their work in human food ingredients. The company aims to retire high-cost debt, extend liquidity, and collaborate with industry partners. Deanie Elsner has been appointed as the permanent CEO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
none
News
Benson Hill Announces Strategic Review Update, Third Quarter Earnings Release Dates
Rhea-AI Summary
Benson Hill to provide strategic review update and release Q3 earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.29%
Tags
earnings
Stock BHIL logo
Benson Hill Inc

NYSE:BHIL

BHIL Rankings

#4836 Ranked by Market Cap
#5509 Ranked by Stock Gains
N/A Ranked by Dividends

BHIL Stock Data

37.79M
100.15M
33%
36.69%
4.49%
Soybean Farming
Agriculture, Forestry, Fishing and Hunting
Link
US
Saint Louis

About BHIL

benson hill is a crop improvement company that unlocks the natural genetic diversity of plants to help modernize our food system. we empower innovators with a revolutionary crop design platform to develop healthier and more sustainable crops. our cropos™ platform combines machine learning and big data with genome editing and plant biology to drastically accelerate and simplify the product development process. more information can be found online at www.bensonhillbio.com.