Arcadia Biosciences' Q3 Earnings Miss Estimates, Sales Increase Y/Y [Yahoo! Finance]
Arcadia Biosciences, Inc. (RKDA)
Last arcadia biosciences, inc. earnings: 3/25 04:05 pm
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Source: Yahoo! Finance
RKDA had reported an adjusted loss of $1.83 per share in the third quarter of 2023. In May 2024, Arcadia Biosciences sold its GoodWheat brand to Above Food Corp. During the month, RKDA also sold its Resistant Starch (”RS”) Durum trait to Corteva Agriscience, a subsidiary of Corteva CTVA. The company received $4.0 million in cash from Corteva. Including discontinuing operations, the company reported a loss of $1.18 per share compared with a loss of $1.87 per share in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Net sales were $1.5 million, which marked an 18% improvement from the year-ago quarter, driven by higher Zola sales. The top line beat the Zacks Consensus Estimate of $1 million. The company announced that Zola coconut water sales were up 55% year over year, with the brand continuing to gain market share. New retail distribution increased 68% from the last year. Arcadia Biosciences, Inc. price-consensus-eps-surprise-ch
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RKDA
News
- Arcadia Biosciences, Inc. (NASDAQ: RKDA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- ARCADIA BIOSCIENCES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Arcadia Biosciences, Inc. - RKDABusiness Wire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates RKDA, IPG, OMC, EBTC on Behalf of ShareholdersPR Newswire
- Arcadia Biosciences to Merge With Roosevelt, Shares Surge 105% [Yahoo! Finance]Yahoo! Finance
- Arcadia Biosciences, Inc. (NASDAQ: RKDA) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
RKDA
Earnings
- 11/12/24 - Miss
RKDA
Sec Filings
- 12/11/24 - Form 425
- 12/11/24 - Form 8-K
- 12/6/24 - Form 425
- RKDA's page on the SEC website