SunOpta Q4 revenue up 13.7% to $181.6M; Adj. EBITDA +17.5%; reaffirms 2024 outlook

SunOpta Inc.

2023-FY EPS reported -$1.55 revenue$630,297,000

Q4 revenue $181.6M, +13.7% YoY on 14.7% volume/mix growth; price -1.0%.
Adjusted EBITDA $22.3M (12.3% of rev), +17.5% from $19.0M.
Loss from continuing ops $1.8M vs $0.4M loss prior year; adjusted earnings $5.7M, +120%.
Diluted EPS loss $0.02; adjusted EPS $0.05; reaffirmed FY2024 guidance.
FY2024 outlook: revenue $670-700M, Adj. EBITDA $87-92M.

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