Comprehensive Analysis of Financial Performance and Strategic Developments
Village Farms (VFF) delivered earnings and revenue surprises of -50% and 7.67%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Total Sales Grow 21%, Net Loss Per Share Improves to ($0.03), Adjusted EBITDA Increases Six-Fold to $3.6 MillionCanadian Cannabis Retail Net Sales Grow 28% Organically Year-Over-Year, with Positive Adjusted EBITDA and Positive Free Cash FlowCanadian Cannabis Expands Number 2 National Market Share Position1Fresh Produce Delivers Profitability on Higher Year-Over-Year Sales and Improved EBITDA Margin VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“