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0.0118043844856662 0.0118043844856662 0.0118043844856662 0.0118043844856662 -0.0315586605637194 0.0118043844856662 0.0599855456516503 0.0479402553601544
Stock impact report

Arcadia Biosciences (RKDA) Announces First Quarter 2024 Financial Results and Business Highlights

Arcadia Biosciences, Inc. (RKDA) 
Last arcadia biosciences, inc. earnings: 3/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.arcadiabio.com
Company Research Source: Business Wire
– Revenues increase sequentially and year-over-year –– Loss from continuing operations is at lowest level in 6 years – DALLAS--(BUSINESS WIRE)--Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today released its financial and business results for the first quarter of 2024.“Arcadia continued its positive trajectory in the first quarter of 2024,” said Stan Jacot, president and CEO. “Revenue continues to grow, both sequentially and year-over-year, and we have transitioned the topline to high-quality revenue that generates gross profit across multiple sources. Operating expenses continued to decline at a double-digit pace versus last year, and this is now our fifth straight quarter of gross profit margins greater than 30 percent.“Our GoodWheat™ is in more than 3,500 stores in three categories, and Zola® coconut water is positioned for double-digit growth with new flavors and distribution. And finally, we remain Show less Read more
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