earnings
confidence high
sentiment positive
materiality 0.85
Sow Good Q2 revenue $15.6M, net income $3.3M vs loss $3.3M year ago
Sow Good Inc.
2024-Q2 EPS reported
$0.41
revenue$27,054,369
- Q2 revenue $15.6M, up 37% sequentially and vs $1.3M in Q2 2023.
- Net income $3.3M ($0.29 diluted EPS) vs net loss $3.3M ($0.68) a year ago.
- Gross margin improved to 57.6%; adjusted EBITDA $6.2M vs ($2.1M) prior year.
- Raised $12.8M net in May public offering; cash $14.4M at June 30.
- CEO cites slower Q3 start due to seasonal heat shipping pause; expanding production.