# Earnings call: Green Plains reports solid Q4 financials, plant utilization rate of 95% By Investing.com

> Green Plains reported fourth-quarter 2023 EBITDA of $44.7 million, a 95% plant utilization rate and net income of $7.2 million. Revenue fell 22% year over year on lower ethanol and DDGS prices. The company is commissioning a Clean Sugar system and expects 2024 capital spending of $125 million to $150 million.

- Date: 2024-02-08 · published 2024-02-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31671-earnings-call-green-plains-reports-solid-q4-financials-plant-utilization-rate
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

High plant utilization supports corn grind and DDGS output, while lower ethanol and DDGS prices reflect weaker product values. Strong output with lower prices points to ample feed supply.

## Read by commodity

- CORN: neutral
- DDGS: neutral

## Sources

- za.investing.com: https://za.investing.com/news/earnings-call-green-plains-reports-solid-q4-financials-plant-utilization-rate-of-95-93CH-3003543

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.