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Stock impact report

Bioceres Crop Solutions Reports Fiscal Second Quarter 2024 Financial and Operational Results [Yahoo! Finance]

Bioceres Crop Solutions Corp. - Ordinary Shares (BIOX) 
Company Research Source: Yahoo! Finance
ROSARIO, Argentina, February 08, 2024 BUSINESS WIRE Bioceres Crop Solutions Corp. (Bioceres) (NASDAQ: BIOX) , a leader in the development and commercialization of productivity solutions designed to regenerate agricultural ecosystems while making crops more resilient to climate change, announced financial results for the fiscal second quarter ended December 31, 2023. Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards. All comparisons in this announcement are year-over-year (YoY), unless otherwise noted. FINANCIAL & BUSINESS HIGHLIGHTS Total revenues in 2Q24 were $140.2 million, a 49% increase compared to the same quarter last year. Top line growth during the quarter was mainly driven by a strong summer crop season in the Southern Hemisphere, with resumed product demand post-drought in Argentina. Operating profit for the period was $16.8 million with GAAP net income at $1.2 million, compared with $2.2 m Show less Read more
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