GPP - Green Plains Partners GAAP EPS of $0.42 revenue of $20.78M
2023-05-04 07:45:23 ET
- Green Plains Partners press release ( NASDAQ: GPP ): Q1 GAAP EPS of $0.42.
- Revenue of $20.78M (+8.8% Y/Y).
- Sold 52,000 tons of Ultra-High Protein in the first quarter, an increase of 40,000 tons over the same period in the prior year
- Consolidated crush margin of ($0.07) per gallon for the first quarter
- 2023 financial outlook significantly improved based on spot and forward margins hitting recent highs, creating opportunities to partially hedge 2023
- Financial position remains strong to execute on transformation plan with $408.3 million of cash and cash equivalents, and restricted cash; $159.0 million available under a committed credit facility as of March 31, 2023.
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Green Plains Partners GAAP EPS of $0.42, revenue of $20.78M