Village Farms reports Q2 EPS 24c vs (21c) last year

Reports Q2 revenue $59.899M vs $53.597M last year. “Our second quarter results demonstrate the improving earnings potential of Village Farms (VFF) and our continued success in scaling a profitable global cannabis enterprise,” said President and Chief Executive Officer Michael DeGiglio. “Second quarter performance reflected record levels of profitability since we expanded into cannabis in 2017, and eclipsed several records set during our nearly 20-year history as a publicly traded company. Our teams are excelling during a period of rapid change for the organization, and energized by the many pockets of upside opportunity that we see across virtually every aspect of our business.”