Benson Hill

Excellent field tour looking at our breeding plots and field program. Always fun seeing the future products coming in the pipeline. The HT class of varieties looked strong #gamechanger The new improved variety classes also looked great #whatsnext It’s a highlight to spend time with the field team and the breeders among the products they have worked so hard to create, test and advance. Enjoyed the discussions and the drive to never settle - it’s a pervasive and a constant dialogue. #neversettle Love the ownership that was demonstrated throughout #actlikeanowner Loved the growth of team members who fully own their areas across our network and who have driven major gains. Really impressive 👏🙏

NEWS: Benson Hill Announces Second Quarter Financial Results • Second quarter revenues of approximately $33.8 million, an increase compared to $23.5 million in the same period of 2023, reflect the Company’s ongoing transition to an asset-light business model. • Net loss from continuing operations, net of income taxes, was $18 million in the quarter, an improvement of $18.5 million in reported loss from the same period of the prior year. Adjusted EBITDA was a loss of $12.4 million, compared to a loss of $15.2 million in the same period of 2023, due primarily to expense reductions. • Free cash flow loss in the first half of 2024 was $31.8 million, which was approximately 50 percent of the free cash flow loss in the first half of 2023. • The Company ended the second quarter with $29.5 million of cash and marketable securities, expected to be sufficient to fund operations through the end of 2024. • The Company provides updates on business milestones related to animal feeding trials, innovation pipeline advancements, and genetic market share in its Q2 Shareholder Letter. ST. LOUIS, MO – August 8, 2024 - Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, today announced operating and financial results for the quarter ended June 30, 2024. “The Benson Hill team showed focus and financial discipline and delivered significantly better operating results this quarter, while making strides in our transition to an asset-light licensing model. We also strengthened strategic partnerships that are crucial for our future growth,” said Deanie Elsner, Chief Executive Officer of Benson Hill. “Our highly advanced technology core has led to the development of what we believe to be the industry’s broadest and deepest R&D pipeline for soy quality traits. Our next priority is to implement several animal feeding trials with both commercial and academic partners, further validating the value our seed innovations deliver to end users.” For the full release, visit https://lnkd.in/g3NMs_b9.

#letsgo #innovation #BHIL

Benson Hill, Inc. (NYSE: BHIL, the “Company” or “Benson Hill”), a seed innovation company, will release its financial results for the quarter ending June 30, 2024, on Thursday, Aug. 8, 2024. The quarterly results will also be posted on Benson Hill’s investor relations website at https://lnkd.in/gk3DHaaB. https://lnkd.in/gEegDSaM

We are hiring a Scientist in our Genotyping group. This is an especially fun group that is foundational to our breeding, AI, and GE platforms. This role is a great opportunity to optimize our current genotyping platforms and leverage the latest in sequencing technology to build new platforms. Apply below or reach out to me if you are interested. Yia Yang

We’re unlocking nature’s diversity with a sophisticated technology core. 🧬 Read more at www.bensonhill.com.

More energy, more protein and more possibilities for #soybeans. 🌱

Amazing six days representing Missouri Soybean growers from Washington DC with WISHH (The World Initiative for Soy in Human Health) to MIZZOU using Soy Biodiesel and the Farm for Soy Innovation with Missouri Soybeans. Loved the Benson Hill Seeds plots Christi Dixon Tracy Snider

We appreciated the opportunity to have a discussion on how we can meet the needs of end users with soybean quality traits that deliver meaningful benefits. #Innovation #Soybean #BHIL

NEWS: Benson Hill announced today that it will release its financial results for the quarter ending June 30, 2024, on Thursday, Aug. 8, 2024. For more information, please visit www.bensonhill.com/news.