Whole Earth Brands GAAP EPS of $0.03 misses by $0.07, revenue of $133.5M beats by $2.85M

Aug. 09, 2022 7:36 AM ETWhole Earth Brands, Inc. (FREE)By: Shweta Agarwal, SA News Editor
  • Whole Earth Brands press release (NASDAQ:FREE): Q2 GAAP EPS of $0.03 misses by $0.07.
  • Revenue of $133.5M (+5.5% Y/Y) beats by $2.85M.
  • Adjusted EBITDA of $19.7 million
  • Reaffirms FY 2022 Guidance: Net Product Revenues: $530 million to $545 million (representing reported growth of 7% to 10%, and proforma organic growth of 3% to 6%) vs. consensus of $535.24 million
  • Adjusted EBITDA: $84 million to $87 million
  • Capital Expenditures: Approximately $10 million

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