secwatch.observer — SEC 8-K summary
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Issuer:     ALICO, INC. (ALCO)
CIK:        0000003545
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0000950170-23-001825
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alico reports Q1 net loss of $3.2M; EPS -$0.41 vs prior year income $10.1M
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- Net loss of $3.2M ($0.41 diluted loss) vs net income of $10.1M ($1.34 diluted) a year ago.
- EBITDA fell to $0.9M from $11.6M; Adjusted EBITDA was negative $3.4M.
- Sold 609 acres of Alico Ranch for $3.3M during the quarter.
- Hurricane Ian accelerated fruit drop, lowering Early and Mid-Season box production.
- Working capital remained strong at $27.3M despite the loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3545/000095017023001825/0000950170-23-001825-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3545/000095017023001825/alco-20230206.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-001825

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