SunOpta (STKL) Tops Q2 EPS by 3c, Updates Guidance

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SunOpta Announces Second Quarter 2022 Financial Results

August 10, 2022 4:05 PM EDT

Revenue increased 20.4% vs. prior year to $243.5 million

Gross profit increased $8.6 million to $34.9 million and gross margin expanded 130 basis points to 14.3%

Net earnings from continuing operations of $2.5 million compared to a net loss of $0.9 million in the prior year

Adjusted EBITDA increased 38.4% to $22.3 million

Raising 2022 revenue and Adjusted EBITDA Outlook

MINNEAPOLIS--(BUSINESS WIRE)-- SunOpta Inc. (SunOpta or the Company) (Nasdaq: STKL) (TSX:... More