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An announcement from Bioceres Crop Solutions ( (BIOX) ) is now available.
Bioceres Crop Solutions Corp. announced its preliminary financial expectations for the second fiscal quarter of 2025, projecting revenues of approximately $105 million, gross profit of $45 million, and adjusted EBITDA of $15 million. The company is navigating challenging conditions in Argentina, a key market, where macroeconomic factors and adverse weather have affected farmer purchasing behavior, leading to reduced sales in crop protection and fertilizers. Despite these challenges, Bioceres remains optimistic about retaining or gaining market share in its established product lines and is committed to addressing these industry-wide issues through strategic initiatives.
More about Bioceres Crop Solutions
Bioceres Crop Solutions Corp. is a leader in the development and commercialization of productivity solutions aimed at regenerating agricultural ecosystems and enhancing crop resilience to climate change. The company’s offerings include a unique biotech platform with patented technologies for seeds, microbial agricultural inputs, and advanced crop nutrition and protection solutions, creating economic incentives for farmers to adopt environmentally friendly practices.
YTD Price Performance: -0.74%
Average Trading Volume: 205,717
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $418.3M
See more data about BIOX stock on TipRanks’ Stock Analysis page.
