Local Bounti Announces Third Quarter 2024 Financial Results [Yahoo! Finance]
Local Bounti Corporation (LOCL)
Company Research
Source: Yahoo! Finance
Increased scale driving strategic discussions with customers to align respective footprints for next chapter of growth HAMILTON, Mont. Nov. 14, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced its financial results for the quarter ended September 30, 2024 and provided expectations for fourth quarter 2024. "In the third quarter, we delivered a 50% increase in sales over the prior year period while advancing Local Bounti's commercial strategy through expansion of our product mix and deepening relationships with blue-chip retail partners," commented Craig Hurlbert , CEO of Local Bounti. "We couldn't be more excited about the customer response to our ongoing scale-up, and during the third quarter, we made the strategic decision to reconfigure our growing plans to align with our growing customer base. More specifically, we are seeing heightened demand for our specialty products
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LOCL
News
- Bearish: Analysts Just Cut Their Local Bounti Corporation (NYSE:LOCL) Revenue and EPS estimates [Yahoo! Finance]Yahoo! Finance
- Local Bounti Announces Third Quarter 2024 Financial ResultsPR Newswire
- Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024PR Newswire
LOCL
Earnings
- 11/14/24 - Miss
LOCL
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K
- LOCL's page on the SEC website