Press release
Green Plains Reports First Quarter 2025 Financial Results
Results for the First Quarter of 2025: EPS of ($1.14) per diluted share compared to EPS of ($0.81) per diluted share for the same period in the prior year
About this update from Green Plains, Inc.
[{"type":"text","content":"\nResults for the First Quarter of 2025:\n\n\nEPS of ($1.14) per diluted share compared to EPS of ($0.81) per diluted share for the same period in the prior year\n\n\nCommenced construction on compression infrastructure for its carbon capture and storage initiative in Nebraska, keeping the project on track for start-up in the fourth quarter of 2025\n\n\nSelected Eco-Energy, LLC as its ethanol marketer in April 2025 to deliver scale, optimize value and improve supply chain efficiency\n\n\nExecuted on a corporate reorganization cost reduction initiative, significantly reducing ongoing expenses\n\n\nAchieved strong utilization in the quarter from the nine operating ethanol plants of 100%\n\n\nCreated an Executive Committee to lead the company during the search for a new CEO\n\n\nExtended the maturity on its $125 million Mezzanine Notes\n\n\n OMAHA, Neb.--(BUSINESS WIRE)--\nGreen Plains Inc. (NASDAQ:GPRE) (“Green Plains” or the “company”) today announced financial results for the first quarter of 2025. Net loss attributable to the company was $72.9 million, or ($1.14) per diluted share compared to net loss attributable to the company of $51.4 million or ($0.81) per diluted share, for the same period in 2024. Revenues were $601.5 million for the first quarter of 2025 compared with $597.2 million for the same period last year. Adjusted EBITDA was ($24.2) million compared to ($21.5) million for the same period in the prior year.\n\n“As you can see from our actions, our Board and Executive Committee remain focused on executing on all aspects of our business to improve profitability and to deliver on our long-term strategy,” said Michelle Mapes, Chief Legal and Administration Officer & Interim Principal Executive Officer. “We are making meaningful progress on our ‘Advantage Nebraska’ carbon reduction strategy with construction now underway and on track for a fourth quarter of 2025 startup. Since the beginning of the year, we have accomplished approximately $45 million of annualized cost savings, and are on pace to reach our $50 million target. Based on the decisive steps we’ve taken, we expect approximately $30 million of these annualized savings in our corporate and trade SG&A, with a run rate in the low $40 million range on an annualized basis by the end of the year. We remain committed to driving efficiency, improving performance and ...