BHIL - Benson Hill down marginally after giving 2023 outlook
- Food tech company, Benson Hill ( NYSE: BHIL ) gives prelim guidance for FY 2022 results , expects consolidate revenues of $379M-383M.
- Consolidated gross profit between $2M-5M.
- Net Loss from Continuing Operations between $98M-102M.
- Adjusted EBITDA loss between $82M-86M.
- Cash, restricted cash and marketable securities as of December 31, 2022 of $175M.
- 2023 Outlook: Consolidate revenues of $390M-430M; Consolidated gross profit between $20M-30M; Net Loss from Continuing Operations between $125M-135M; Adjusted EBITDA loss between $63M-68M.
- Stock down 1.4% during after-hours.
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Benson Hill down marginally after giving 2023 outlook