Benson Hill, Inc. (BHIL) Tops Q2 EPS by 6c, Offers Guidance
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Benson Hill Announces Second Quarter 2022 Financial Results
August 8, 2022 7:00 AM EDTConsolidated revenues increased 179Â percent year-over-year to $110.7Â million driven by a 312 percent increase in Ingredients segment revenues. Strategic partnership with ADM represents a significant milestone in the planned scaling of proprietary soy innovations through an asset-light licensing model. Management is assessing strategic alternatives for the Fresh business. Strong performance in the Ingredients segment raises revenue guidance for 2022. Continued rapid growth and execution of the strategic plan further enables achievement of previously stated 2025 financial targets.
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