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Local Bounti sees Q2 revenue ~$12M-$12.5M, two estimates $12.65M

The company expects second quarter 2025 sales of approximately $12M-$12.5M. The company expects sales to accelerate in the second half of 2025 supported by a convergence of activity, including the aforementioned full-quarter contribution from the Texas facility transition, the additional capacity from the Georgia facility yield improvement, new product introductions, and expansions with existing customers. The company believes that it will reach positive adjusted EBITDA in the third quarter of 2025, driven by sales growth and cost reduction initiatives.

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