Limoneira (LMNR) Misses Q1 EPS by 18c
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Limoneira Company Announces First Quarter Fiscal Year 2023 Financial Results
March 9, 2023 4:05 PM ESTAchieved $37.9 Million of Revenue in First Quarter Fiscal Year 2023 Despite Heavy Rainfall Delaying a Portion of Lemon and Initial Avocado Harvest until the Second Quarter Fiscal Year 2023
Driven by the $40.0 Million Gain on Sale of Northern Properties, Operating Income for the First Quarter of Fiscal Year 2023 was $25.9 Million, Compared to Prior Year First Quarter Operating Loss of $9.6 Million
Net Debt Position Reduced by 72% from $105.0 Million at End of Fiscal Year 2022 to $28.9 Million at End of First Quarter Fiscal Year 2023
Company Sells $130 Million of... More
