tiprankstipranks
Advertisement
Advertisement

Edible Garden reports Q2 EPS ($6.58) vs ($30.02) last year

Reports Q2 revenue $3.146M vs $4.268M last year. “Our results this quarter validate the disciplined choices we’ve made to focus on higher-margin, innovation-driven categories that align with where the market is headed,” said Jim Kras, Chief Executive Officer of Edible Garden (EDBL). “By exiting underperforming, low-margin product lines and investing in CEA-informed, better-for-you shelf-stable products, we are building a stronger, more resilient portfolio. We believe this strategy will not only drive profitability but also position us to lead in delivering sustainable, wellness-oriented solutions to consumers worldwide.”

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1