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Green Plains Inc. (NASDAQ:GPRE) CEO Todd Becker will be participating in a fireside chat at the BMO Global Farm to Market Conference on May 15. The company will also engage with institutional investors. The webcast and replay will be accessible on the Green Plains website.
Green Plains Inc. reported a net loss of $51.4 million in the first quarter of 2024, with an EPS of ($0.81) compared to an EPS of ($1.20) in the same period last year. Revenues were $597.2 million, down from $832.9 million in 2023. EBITDA was ($21.5) million, an improvement from ($27.7) million in the prior year. Margins were impacted by industry oversupply and lower prices due to a mild winter. The company announced the launch of new specialty feed brand Sequence™ and the world's first commercial-scale Clean Sugar Technology facility. Late-stage negotiations for dextrose corn syrups sales agreements are ongoing.