Local Bounti Corporation (LOCL) Misses Q2 EPS by 16c, Reaffirms full year 2022 guidance

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Local Bounti Announces Second Quarter 2022 Financial Results

August 15, 2022 7:15 AM EDT

Second quarter revenue of $6.3 million, compared to $0.1 million in the prior year period

Georgia facility commenced commercial operations in July 2022

Announces Texas as location of next facility

Reaffirms full year 2022 guidance

HAMILTON, Mont., Aug. 15, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced its second quarter 2022 results for the three months ended June 30, 2022 and reaffirmed full year 2022 guidance.

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