Village Farms Q3 net loss narrows to $0.01/share; positive consolidated adjusted EBITDA

Village Farms International, Inc.

2023-Q3 EPS reported -$0.09 revenue$211,378,000

Consolidated net loss improved to $1.3M ($0.01/sh) from $8.7M ($0.10/sh) in Q3 2022.
Consolidated adjusted EBITDA turned positive at $3.2M from negative $2.2M; cash flow from operations positive $8.8M.
Canadian Cannabis net income rose to $2.9M from $0.2M; regained #2 national market share in October 2023.
Fresh Produce narrowed net loss to $1.0M from $4.6M and generated positive adjusted EBITDA of $0.8M.
Consolidated sales $69.5M, down 2% YoY; each segment contributed positively to cash flow.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Village Farms International, Inc. reported financial results for the third quarter ended September 30, 2023.

Period: the third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

On November 8, 2023, Village Farms International, Inc. (the “Company” or “Village Farms”) issued a press release announcing its financial results for the third quarter ended September 30, 2023.

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13 earnings releases filed in the last 30 days. Browse all earnings releases →

Village Farms International, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-060666

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