Edible Garden preliminary Q1 produce revenue +40% YoY, cut herb revenue +200% YoY

Edible Garden AG Inc

2025-Q1 EPS reported -$341.14 vs consensus -$30.91 ▼ miss (-1003.8%)

Preliminary produce revenue up 40% YoY; cut herb revenue up >200% vs Q1 2023.
Herb production increased 12-fold from equipment investments at NJ and MI facilities.
Distribution expanded to top national retailers, sustaining strong cut herb demand.
CEO expects improved margins as production volume scales and fixed costs leveraged.
Preliminary results exclude floral and vitamin revenue; unaudited and subject to change.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Edible Garden AG Inc reported preliminary financial results for first quarter ended March 31, 2024.

Period: first quarter ended March 31, 2024
Result: preliminary results

Exact text from the filing

On April 17, 2024, Edible Garden AG Incorporated (the “Company”) issued a press release regarding its preliminary financial results for the first quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0001477932-24-002200

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