SunOpta Q3 revenue up 15.5% to $176.2M; adjusted EBITDA up 12.6% to $21.5M; reaffirms FY outlook

SunOpta Inc.

2024-Q3 EPS reported -$0.07 revenue$530,059,000

Revenue $176.2M (+15.5% YoY) driven by 20.6% volume growth partially offset by 2.8% price reduction on pass-through commodity costs.
GAAP loss from continuing ops $5.5M vs $5.7M prior year; diluted EPS loss $0.05 unchanged.
Adjusted EBITDA from continuing ops $21.5M (+12.6%); adjusted earnings $2.5M ($0.02/diluted share) vs $0.5M ($0.00).
Reaffirms FY2024 outlook: revenue $710-730M (13-16% growth) and adjusted EBITDA $88-92M (12-17% growth).
Cash from ops improved to $19.2M YTD vs ($8.4M) in prior year; total debt $289.9M.

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