Benson Hill reports Q3 EPS ($4.14) vs. ($3.27) last year

Reports Q3 revenue $34.1M vs. $23.46M last year. “Our third-quarter results reflect Benson Hill’s (BHIL) financial discipline and focus as we transform our business from a closed-loop manufacturing model to an asset-light licensing model,” said Deanie Elsner, CEO of Benson Hill. “There is true and measurable potential for our proprietary seeds portfolio, and collaborations with farmers, seed dealers, poultry producers, soy processors, and academic partners illustrate the industry-wide demand for quality soy traits. As we continue our transformation, strategic partnerships will be pivotal to delivering market-driven demand for our seed innovations – which create value across the supply chain and deliver a clear sustainability advantage.”