---
schema_version: "secwatch.filing_event.v1"
accession: "0001342423-23-000035"
form_type: "8-K"
ticker: "LMNR"
cik: "0001342423"
company_name: "Limoneira CO"
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T08:54:04.422451+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Limoneira Q4 revenue up 4% to $41.4M; net loss per share $0.20; FY2024 guidance; Harvest proceeds raised to $131M

## Summary
- Q4 revenue $41.4M (+4% YoY); operating loss $9.7M vs loss $1.9M; net loss $0.20/diluted share.
- Full year 2023 revenue $179.9M (down from $184.6M); net income $0.50/diluted share vs loss $0.04.
- Net debt reduced to $37.4M from $104.1M; sold Northern Properties for $98.4M net proceeds.
- Expected total proceeds from Harvest at Limoneira increased 14% to $131M over nine years; Phase 1 sell-out completed.
- FY2024 fresh lemon volume guidance 5.0-5.5M cartons; avocado volume 7.0-8.0M lbs; exploring strategic alternatives.

## SEC filing metadata
- accession: 0001342423-23-000035
- form_type: 8-K
- ticker: LMNR
- cik: 0001342423
- company_name: Limoneira CO
- filed_at: 2023-12-21T23:59:59+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/1342423/000134242323000035/0001342423-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342423/000134242323000035/lmnr-20231221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001342423-23-000035
- JSON: https://secwatch.observer/filing/0001342423-23-000035.json
- Plain text: https://secwatch.observer/filing/0001342423-23-000035.txt

## Key facts
- Earnings Releases
  Limoneira CO reported the fiscal fourth quarter and full year ended October 31, 2023 results: revenue $41.4 million, net income Net loss applicable to common stock, after preferred dividends, for the fourth quarter of fiscal year 2023 was $3.6 mill, EPS Net loss per diluted share for the fourth quarter of fiscal year 2023 was $0.20. Guidance raised.
  - Period: the fiscal fourth quarter and full year ended October 31, 2023
  - Revenue: $41.4 million
  - Net income: Net loss applicable to common stock, after preferred dividends, for the fourth quarter of fiscal year 2023 was $3.6 mill
  - EPS: Net loss per diluted share for the fourth quarter of fiscal year 2023 was $0.20
  - Guidance: raised
  - Result: reported results
  source text: year 2022 and $3 million expected in fiscal year 2024.” Fiscal Year 2023 Fourth Quarter Results For the fourth quarter of fiscal year 2023, total net revenue increased 4% to $41.4 million, compared to total net revenue of $39.7 million in the fourth quarter of the previous fiscal year. Agribusiness revenue was $40.1 million, compared to $38.2 million in the fourth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342423/000134242323000035/0001342423-23-000035-index.htm

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