Arcadia Biosciences (RKDA) Announces Strong Third Quarter 2024 Financial Results and Business Highlights
Arcadia Biosciences, Inc. (RKDA)
Last arcadia biosciences, inc. earnings: 3/25 04:05 pm
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Source: Business Wire
– Total revenues increased 18% compared to Q3 2023 –– Zola® coconut water revenues grew 55% year over year –– Zola retail distribution expanded 68% vs. Q3 2023 – DALLAS--(BUSINESS WIRE)--Arcadia Biosciences, Inc.® (Nasdaq: RKDA), a producer and marketer of innovative, plant-based health and wellness products, today released its financial and business results for the third quarter and first nine months of 2024.“We are extremely pleased with our third-quarter 2024 results, which represent the progress we have made in transforming Arcadia’s business as well as our ability to execute on the plan we laid out,” said T.J. Schaefer, Arcadia’s president and CEO. “Our total revenues increased 18 percent year over year, and we have significantly reduced our use of operating cash to the lowest levels in Arcadia’s history as a public company.“Zola® coconut water revenues grew 55 percent in Q3, and new retail distribution increased 68 percent compared to last year. Additionally, Zola is gaining
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RKDA
Earnings
- 11/12/24 - Miss
RKDA
Analyst Actions
- 8/21/24 - HC Wainwright
RKDA
Sec Filings
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- 8/23/24 - Form 8-K/A
- RKDA's page on the SEC website