SunOpta Inc (STKL) has released an update.
SunOpta Inc. has reported an impressive first quarter in fiscal 2024 with an 18% increase in revenue to $182.8 million and a swing from a $2.8 million loss to a $3.8 million profit in earnings from continuing operations. The company’s adjusted EBITDA also rose by 21% to $22.6 million, signaling strong growth and operational improvements. Based on these results, SunOpta is confidently raising its financial outlook for the rest of the year.
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