Village Farms GAAP EPS of -$0.07 misses by $0.08, revenue of $70.16M beats by $0.28M

  • Village Farms press release (NASDAQ:VFF): Q1 GAAP EPS of -$0.07 misses by $0.08.
  • Revenue of $70.16M (+33.9% Y/Y) beats by $0.28M.
  • Consolidated adjusted EBITDA was negative ($6.1 million) compared with positive adjusted EBITDA of $0.4 million.
  • Canadian Cannabis net sales increased 25% year-over-growth with a gross margin of 34% and adjusted EBITDA of $2.1 million.
  • Shares -4.69% PM.

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