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’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) […]
BioMar Sources Benson Hill Ingredients to Boost Sustainability of High-Performance Aquafeed
Companies collaborate to advance BioMar’s responsible sourcing program ST. LOUIS, MO – Jan. 26, 2023 – Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, and Denmark-based BioMar, a global leader in sustainable aquaculture feed solutions, today announced a strategic collaboration to leverage Benson Hill soy and further assess its […]
Benson Hill Endorses Framework for Responsible Use of Gene Editing in Agriculture
Framework enables technology developers to demonstrate a commitment to the safe and transparent use of gene editing ST. LOUIS AND GLADSTONE, MO (Nov. 30, 2022) – The Coalition for Responsible Gene Editing in Agriculturetoday announced that food tech company Benson Hill, Inc. has formally endorsed the Framework for Responsible Use of Gene Editing in Agriculture. With consumer needs in mind, […]
Benson Hill Announces Third Quarter 2022 Financial Results and Raises 2022 Guidance
• Consolidated revenues increased 307 percent year-over-year to $130 million driven by a 429 percent increase in Ingredients segment revenues. • Management raised 2022 guidance with consolidated revenues in the range of $430 million to $455 million and gross profit of $14 million to $17 million. • Management has taken actions intended to fully fund the business to expected positive EBITDA and free cash flow […]
Benson Hill Management to Participate in Upcoming Investor Events
ST. LOUIS, MO – Nov. 1, 2022 – Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a food tech company unlocking the natural genetic diversity of plants, today announced that Matt Crisp, Chief Executive Officer, and Dean Freeman, Chief Financial Officer, will attend two upcoming investor conferences. The first event is the Roth Capital 2nd Annual Ag Tech Answers Conference at […]
Benson Hill Announces Third Quarter Earnings Release Date
ST. LOUIS, MO – Oct. 4, 2022 – 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 third quarter for the period ending Sept. 30, 2022, before the market opens on Thursday, Nov. 10, 2022. The Company will […]
Benson Hill Named 51st Mosaic Ambassador as Company Continues to Grow Global Team in Data Science, Plant Science and Food Science
St. Louis Mosaic Project recognizes Benson Hill’s ongoing commitment to promoting regional prosperity through innovation, inclusion, and immigration ST. LOUIS, MO – Sept. 9, 2022 – Benson Hill, Inc., a food tech company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine, has been named the St. Louis Mosaic Project’s 51st Mosaic Ambassador Company. At the intersection […]
