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 […]
Benson Hill Announces Second Quarter Earnings Release Date
ST. LOUIS, MO – July 18, 2023 – Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today that it will release its financial results for the second quarter ending June 30, 2023, before the market opens on Wednesday, Aug. 9, 2023. The Company will host […]
Benson Hill’s Second Annual ESG Report Highlights Technology Innovation and Strategic Partnerships to Modernize Food Production
Company continues to advance ESG goals as it scales sales of its proprietary and sustainable ingredients to the food and agriculture industry ST. LOUIS, MO – June 29, 2023 – Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced the release of its second annual Environmental, Social […]
Benson Hill Appoints Richard Mack to Board of Directors
Agriculture Industry Executive Brings Nearly Three Decades of Experience to Benson Hill Board ST. LOUIS, MO. – June 16, 2023 – Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that it has appointed Richard Mack as an Independent Director to the Company’s Board of […]
Benson Hill Announces Leadership Transition
Adrienne “Deanie” Elsner Appointed Interim Chief Executive Officer, Effective Immediately Matt Crisp Resigning as Chief Executive Officer ST. LOUIS, MO. – June 16, 2023 – Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that Adrienne “Deanie” Elsner has been appointed Interim […]
Benson Hill Announces First Quarter 2023 Financial Results
• Reported revenues increased 104 percent year-over-year to approximately $135 million, including an increase of 80 percentin proprietary revenues. • Reported gross profit was $9.5 million ($4.3 million when excluding an approximate $5.2 million impact from open mark-to-market timing differences). • The Company improved its 2023 guidance for Adjusted EBITDA and free cash flow. ST. LOUIS, MO – May 10, 2023 – Benson Hill, Inc. (NYSE: […]
Benson Hill Announces First Quarter Earnings Release Date
ST. LOUIS, MO – April 12, 2023 – Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, announced today that it will release its financial results for the first quarter for the period ending March 31, 2023, before the market opens on Wednesday, […]
Benson Hill’s Second Investor Day Showcases Technology Leadership and Strategic Positioning for Durable Growth in Multiple Value-Added Markets
• Company unpacks deep R&D product pipeline with its CropOS® technology platform to meet growing demand for plant-based protein and oil products. • ADM plans to launch a portfolio of ADM soy ingredient products co-branded with and powered by Benson Hill technology in the second quarter of 2023. • Company expects to open new market […]
Benson Hill Announces Full Year 2022 Financial Results and Expectations for Strong Proprietary Product Growth in 2023
• Revenues increased 319 percent to $381 million, including a near doubling of proprietary revenues to $73 million. • Gross profit was $3.5 million ($8.5 million when excluding an approximate $4.9 million loss from open mark-to-market timing differences). • 2023 proprietary revenues are expected to grow to an estimated range of $100 million to $110 million and help drive a more than doubling of gross profit […]
Benson Hill Announces Preliminary Unaudited 2022 Results and Initial 2023 Guidance
Management expects continued strong demand in 2023 for its proprietary soy portfolio ST. LOUIS, MO – Feb. 2, 2023 – Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced preliminary, unaudited 2022 financial results. 2022 Preliminary Unaudited Results from Continuing Operations1(Dollar Amounts in Millions USD) […]
