---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037560"
form_type: "8-K"
ticker: "ALCO"
cik: "0000003545"
company_name: "ALICO, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:45:58.226734+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alico reports Q3 net income $11.8M but adjusted loss of $5.6M; crop down from Hurricane Ian

## Summary
- Q3 net income attributable to common stockholders $11.8M ($1.56 diluted EPS); adjusted net loss ($5.6M) per release.
- EBITDA $18.8M; Adjusted EBITDA ($1.3M) for Q3; nine-month adjusted EBITDA ($12.5M).
- Box production declined due to accelerated fruit drop from Hurricane Ian; $21.4M in crop insurance proceeds through June 30.
- Sold 548 ranch acres for ~$2.7M in Q3; undrawn credit $76.8M; working capital ratio 3.10.
- Cost increases in fertilizer, labor, fuel; nine-month net income $0.9M vs $33.5M prior year.

## SEC filing metadata
- accession: 0000950170-23-037560
- form_type: 8-K
- ticker: ALCO
- cik: 0000003545
- company_name: ALICO, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3545/000095017023037560/0000950170-23-037560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3545/000095017023037560/alco-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037560
- JSON: https://secwatch.observer/filing/0000950170-23-037560.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037560.txt

## Key facts
- Earnings Releases
  ALICO, INC. reported the three and nine months ended June 30, 2023 results: net income net income attributable to Alico, Inc. common stockholders of $11.8 million.
  - Period: the three and nine months ended June 30, 2023
  - Net income: net income attributable to Alico, Inc. common stockholders of $11.8 million
  - Result: reported results
  source text: Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2023 and the nine months ended June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/3545/000095017023037560/0000950170-23-037560-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.