Calavo Q3 revenue $342M (+20%); net income $1.3M vs loss; adjusted EPS $0.16

CALAVO GROWERS INC

2022-Q3 EPS reported -$0.17 revenue$947,501,000

Revenue $342.0M (+20% YoY); Grown $207.6M, Prepared $134.9M.
Gross profit $18.5M (5.4% of rev) vs $7.9M (2.8%) prior year.
Net income $1.3M ($0.07 diluted EPS) vs net loss $(13.0)M ($(0.74)).
Adjusted net income $2.9M ($0.16 diluted EPS); Adjusted EBITDA $8.1M.
Debt reduced by $16.3M; Prepared segment gross profit improved $11.1M.

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