Benson Hill Announces Second Quarter 2023 Financial Results
• Reported revenues increased 16 percent year-over-year to approximately $109 million, including a 53 percent increase in proprietary revenues. • Reported gross profit was $3 million ($6.1 million when excluding an approximate $3.1 million impact from open mark-to-market timing differences). • Management announced an additional expected $10 million in annualized operating cost reductions in 2024. • The Company ended the second quarter with $118 million of cash […]
