Local Bounti Corporation (LOCL) Reports In-Line Q1 EPS ; Offers Guidance

Local Bounti Corporation (NYSE: LOCL) reported Q1 EPS of ($0.23), in-line with the analyst estimate of ($0.23). Revenue for the quarter came in at $6.7 million versus the consensus estimate of $7.29 million.

GUIDANCE:

Local Bounti Corporation sees FY2023 revenue of $34-40 million, versus the consensus of $35.676 million.

For earnings history and earnings-related data on Local Bounti Corporation (LOCL) click here.

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