Benson Hill, Inc. (NYSE:BHIL) Q2 2022 Earnings Conference Call August 8, 2022 8:00 AM ET

Company Participants

Ruben Mella - Senior Director, IR

Matt Crisp - CEO

Dean Freeman - CFO

Conference Call Participants

Benjamin Theurer - Barclays

Adam Samuelson - Goldman Sachs

Kristen Owen - Oppenheimer

Operator

Good morning. Thank you for attending the Benson Hill Second Quarter 2022 Earnings Call. My name is Jordan and I'll be your moderator. All lines are on mute during the presentation portion of the call, with an opportunity for questions-and-answers at the end. [Operator Instructions]

I'd now like to pass the conference over to your host, Ruben Mella, Senior Director, Investor Relations with Benson Hill. Ruben, please go ahead.

Ruben Mella

Thank you, Jordan, and good morning. We appreciate you joining us to review our second quarter and year-to-date earnings results and the exciting news we have announced today that advances the achievement of our strategic objectives.

With me are Matt Crisp, Benson Hill's Chief Executive Officer; and Dean Freeman, our Chief Financial Officer. Earlier this morning, we issued our earnings release and Form 8-K. These documents, as well as the presentation, which we are referencing during the prepared remarks are available on the investors section of the Benson Hill website.

Comments today from management will contain forward-looking statements including Benson Hill's expectations of future financial and business performance, current guidance about 2022 annual results and our 2025 financial targets, as well as industry outlook. Forward-looking statements are inherently subject to risks, uncertainties and assumptions and are not guarantees of performance.

We caution you to consider these risk factors that could cause actual results to differ materially from those in the forward-looking statements. Such factors include those referenced in the cautionary note included in our Form 10-K and 10-Q filings, press release and other filings with the SEC. Also during this presentation, we will be discussing certain non-GAAP financial measures. A reconciliation to GAAP is available on our earnings release and presentation.

I'll now turn the call over to Matt, who will give an update on the business and recent developments.

Matt Crisp

Thanks, Ruben and good morning, everyone. As some of you may have seen earlier this morning, we announced a long-term strategic licensing partnership with ADM. We look forward to talking more about this exciting news during our call today. But first, we want to note how 2022 continues to shape up as a dramatic year of change for the food system itself.