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Stock impact report

SunOpta Announces First Quarter Fiscal 2024 Financial Results [Yahoo! Finance]

SunOpta, Inc. (STKL) 
Last sunopta, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.sunopta.com/investor-relations
Company Research Source: Yahoo! Finance
Earnings from continuing operations of $3.8 million compared to a loss of $2.8 million in the prior year Adjusted EBITDA from continuing operations of $22.6 million, an increase of 21% Raising 2024 outlook MINNEAPOLIS, May 08, 2024 BUSINESS WIRE )--SunOpta Inc. ("SunOpta" or the "Company") (Nasdaq:STKL) (TSX:SOY), an innovative and sustainable manufacturer fueling the future of food, today announced financial results for the first quarter ended March 30, 2024. All amounts are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP, except where specifically noted. First Quarter 2024 highlights: Revenues of $182.8 million increased 18.0% compared to $155.0 million in the year earlier period, driven by 23.5% volume growth partially offset by a 5% price reduction for pass-through commodity pricing Gross profit of $31.7 million increased 31.8% compared to $24.1 million in the prior year period Operating income of $10.2 million compared to $0.5 mill Show less Read more
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