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Stock impact report

Vital Farms Inc (VITL) Reports Strong Growth in Q4 and Fiscal Year 2023 [Yahoo! Finance]

Vital Farms, Inc. (VITL) 
Company Research Source: Yahoo! Finance
Net Income : Grew to $7.2 million in Q4 and $25.6 million for the fiscal year, marking significant improvements from the previous year. Earnings Per Share : Net income per diluted share rose to $0.17 in Q4 and $0.59 for the fiscal year. Adjusted EBITDA : Increased to $13.9 million in Q4 and $48.3 million for the fiscal year, reflecting strong profitability. Cash Position : Ended the year with $116.8 million in cash, cash equivalents, and marketable securities, with no outstanding debt. Outlook for Fiscal Year 2024 : Management expects net revenue of at least $552 million and Adjusted EBITDA of at least $57 million. Warning! GuruFocus has detected 4 Warning Sign with VITL. Vital Farms Inc ( NASDAQ:VITL ), an ethical food company known for its pasture-raised eggs and butter, released its 8-K filing on March 7, 2024, showcasing a robust financial performance for both the fourth quarter and the fiscal year ended December 31, 2023. The company's commitment to Conscious Capital Show less Read more
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