Limoneira FY2024: record revenue $191.5M, GAAP EPS $0.40, adjusted EPS $0.62, avocado sales record $25.1M

Limoneira CO

2024-FY EPS reported $0.40 revenue$191,503,000

FY2024 total net revenue $191.5M (record, +6% YoY); net income $7.2M ($0.40 diluted EPS) vs $8.9M ($0.50) prior year.
Adjusted net income for diluted EPS $11.0M ($0.62/sh) vs adjusted net loss of $7.6M ($0.43 loss/sh) in FY2023.
Q4 FY2024 operating loss narrowed to $2.8M from $9.7M loss; adjusted EBITDA $1.2M vs -$1.3M.
Avocado sales record $25.1M in FY2024 with 15.1M lbs sold; Q4 avocado revenue $8.9M vs $0 last year.
Guidance for FY2025: fresh lemon volumes 5.0-5.5M cartons; avocado volumes 7.0-8.0M lbs; strategic alternatives continue.

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