secwatch.observer — SEC 8-K summary
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Issuer:     CALAVO GROWERS INC (CVGW)
CIK:        0001133470
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001558370-22-018832
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calavo Q4 net loss narrows to $3.3M; adjusted net income positive at $0.6M
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- Total revenue $243.6M, down 11% YoY; Grown segment revenue fell 20% to $119.1M.
- Gross profit improved to $20.4M from $9.1M; Prepared segment gross profit up $10.1M.
- Net loss $(3.3)M ($0.19/sh) vs. $(13.0)M ($0.73/sh); adjusted net income $0.6M ($0.03/sh).
- Adjusted EBITDA $9.6M ($0.55/sh) vs. $1.4M ($0.08/sh) a year ago.
- Prepared segment recovery drove earnings improvement; Grown segment revenue declined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1133470/000155837022018832/0001558370-22-018832-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1133470/000155837022018832/cvgw-20221220x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018832

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer