Alico (ALCO) Tops Q2 EPS by 30c

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Alico, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended June 30, 2022

August 3, 2022 4:01 PM EDT

FORT MYERS, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Alico, Inc. (Alico or the Company) (Nasdaq: ALCO) today announces financial results for the third quarter of fiscal year 2022 and the nine months ended June 30, 2022, the highlights of which are as follows:

Box production for past harvest season was down from the previous year due to a freeze event and greater fruit drop.Average pound solids per box was down from the previous year.Market prices per pound solids increased for the second... More