---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-020338"
form_type: "8-K"
ticker: "STKL"
cik: "0000351834"
company_name: "SunOpta Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T11:52:07.602332+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SunOpta Q3 revenue up 5.9% to $152.5M; loss from continuing ops of $5.7M vs prior year profit

## Summary
- Revenue $152.5M, up 5.9% YoY on 5.5% volume growth; adjusted EBITDA $19.1M, up 8.1% from $17.7M.
- Loss from continuing ops $5.7M vs earnings $2.4M in Q3 2022; diluted EPS loss $0.05 vs +$0.01.
- Divested frozen fruit on Oct 12 for ~$141M; recorded pre-tax loss of $118.8M in discontinued ops ($140.1M total).
- Net debt reduced: used $74.8M of proceeds to repay revolver; plans to replace ABL with term loan/revolver by year-end.
- FY2024 outlook: revenue $670-700M (+8-13%) and adjusted EBITDA $87-92M (+14-21%), both driven by volume.

## SEC filing metadata
- accession: 0001062993-23-020338
- form_type: 8-K
- ticker: STKL
- cik: 0000351834
- company_name: SunOpta Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351834/000106299323020338/0001062993-23-020338-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351834/000106299323020338/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-020338
- JSON: https://secwatch.observer/filing/0001062993-23-020338.json
- Plain text: https://secwatch.observer/filing/0001062993-23-020338.txt

## Key facts
- Earnings Releases
  SunOpta Inc. reported third quarter ended September 30, 2023 results: revenue $152.5 million, net income $5.7 million, EPS $0.05 per diluted share. Guidance reaffirmed.
  - Period: third quarter ended September 30, 2023
  - Revenue: $152.5 million
  - Net income: $5.7 million
  - EPS: $0.05 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: - Filed by newsfilecorp.com Exhibit 99.1 FOR IMMEDIATE RELEASE SUNOPTA ANNOUNCES THIRD QUARTER FISCAL 2023 FINANCIAL RESULTS Revenue from continuing operations increased 5.9% to $152.5 million, driven by 5.5% volume growth Loss from continuing operations of $5.7 million, compared to earnings of $2.4 million in the prior year Adjusted EBTIDA from continuing operations
  evidence_url: https://www.sec.gov/Archives/edgar/data/351834/000106299323020338/0001062993-23-020338-index.htm

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