Green Plains Inc. held its First Quarter 2025 Earnings Conference Call on May 8, 2025, to discuss its recent financial performance and strategic initiatives. The call was attended by key executives, including Interim Principal Executive Officer Michelle S. Mapes, Chief Financial Officer Philip B. Boggs, and Executive Vice President of Operations & Technology Chris Osowski. During the call, Michelle Mapes acknowledged the company's recent underperformance, stating, "Our performance has not met the expectations of this investment community or our own, and that is changing." She emphasized the company's commitment to returning to sustained profitability and regaining investor confidence through disciplined execution and clear measurement of progress. Philip B. Boggs reported a net loss of $72.9 million for the first quarter, partially due to $16.6 million in onetime restructuring charges. These charges were related to closures, cost reduction programs, and leadership transitions, which were necessary to realign the business. Additionally, Green Plains is conducting promising trials with two major manufacturers in the pet food segment, aiming to increase sales from 60,000 tons to over 100,000 tons by 2026. The full transcript can be accessed through the link below.
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