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Stock impact report

Desert Control releases its Q1 2024 Report and Year-to-Date Company Update [Yahoo! Finance]

Limoneira Co (LMNR) 
Last limoneira co earnings: 3/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.limoneira.com/investor-relations
Company Research Source: Yahoo! Finance
Desert Control is off to a strong start in 2024. The company delivered its first larger-scale commercial deployment for Limoneira Company in Yuma, Arizona , executed a significant first-phase contract in the Middle East through its partner, Mawarid, and made solid progress developing and adapting its technology to expand markets, increase environmental benefits, and reduce the cost of goods sold. Financial Highlights The company closes Q1-24 with a positive cash balance of NOK 105.1 Million and has no interest-bearing debt. First Quarter 2024 [first quarter 2023 in brackets] • Revenue NOK 1.3M [ NOK 1,9M ] • EBITDA NOK -14.7M [ NOK -23.4M ] • Net Income NOK -7,8 [ NOK -19.3M ] • Total cash balance (incl. other current financial assets) NOK 105,1M [ NOK 56,7M ] • Equity 31.03.2024 NOK 115,4M (equity ratio 96,7%) [ NOK 86.0M (89.0%)] Cautionary Note: Disclaimer related to forward-looking statements. This release contains forward-looking information and stateme Show less Read more
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