Innovative Food Holdings, Inc. Reports Financial Results for Third Quarter 2024
INNOVATIVE FOOD HLDGS INC (IVFH)
NASDAQ:AMEX Investor Relations:
ivfh.com/investor-relations
Company Research
Source: GlobeNewswire
Key Third quarter data points: Revenue of $17.0 million, +0.3% vs. Q3 2023Specialty Foodservice revenue +5.5% vs. Q3 2023; Q4 to date increased more than 25%Gross margin declined by 158 basis points vs. Q3 2023 to 25.2%GAAP net income from continuing operations of $1.3 million, compared to Q3 2023 net income of $0.1 millionGAAP net income from continuing operations per fully diluted share of $0.026 vs. Q3 2023 of $0.003Adjusted net income from continuing operations of $737 thousand, compared to Q3 2023 of $528 thousand Adjusted net income per fully diluted share of $0.014, compared to an adjusted net income per fully diluted share in Q3 2023 of $0.011Adjusted EBITDA of $997 thousand, compared to $921 thousand in Q3 2023Acquisition of Denver-based Golden Organics remains on track Results of new retail business will begin in Q4 BONITA SPRINGS, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a national seller of gourmet
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News
- Innovative Food Holdings, Inc. Announces Close of The Acquisition of Golden Organics [Yahoo! Finance]Yahoo! Finance
- Innovative Food Holdings, Inc. Announces Close of The Acquisition of Golden OrganicsGlobeNewswire
- Innovative Food Non-GAAP EPS of $0.01, revenue of $17M [Seeking Alpha]Seeking Alpha
- Innovative Food Holdings, Inc. Announces Q3 2024 Earnings CallGlobeNewswire
- Innovative Food Holdings, Inc. Announces Fulfillment of Largest Purchase Order in the Company's History [Yahoo! Finance]Yahoo! Finance
IVFH
Sec Filings
- 11/21/24 - Form 8-K
- 11/13/24 - Form 10-Q
- 10/18/24 - Form 8-K
- IVFH's page on the SEC website