Alico, Inc. Announces Fiscal Year 2014 Fourth Quarter and Annual Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Alico (ALCO) Acquires Three Florida Citrus Producers in ~$363M Transaction
December 3, 2014 7:14 AM ESTAlico (NASDAQ: ALCO) announced the acquisition of three Florida citrus producers for total consideration of approximately $363 million. These acquisitions will make Alico's citrus division the largest citrus producer in the United States, with total pro forma 2014 production of 10 million boxes annually.
The acquisitions, based on 2014 performance, would have increased Alico's Adjusted EBITDA from $21 million on a standalone basis to approximately $58 million on a pro forma basis, excluding the impact of anticipated synergies, which, when fully phased in, are expected to add approximately $5 million of incremental EBITDA annually. Similarly, the transactions would have increased... More
Alico, Inc. (ALCO) Reports Q4 EPS of $0.48
December 2, 2014 5:24 PM ESTAlico, Inc. (NASDAQ: ALCO) reported Q4 EPS of $0.48, versus $1.60 reported last year. Revenue for the quarter came in at $7.5 million, versus $6.7 million reported last year.
he decrease in net income is primarily due to the non-recurring sale of a conservation easement on... More
