Limoneira Co. Reports Annual Profit Despite Q4 Loss
Limoneira Co. ends fiscal Q4 with a $1.9M loss but achieves an annual profit of $7.7M on $191.5M revenue. Mixed signals for LMNR investors.
Limoneira Co. reported a fiscal fourth-quarter loss of $1.9 million, or 11 cents per share, adjusted to 9 cents per share for non-recurring costs. However, it reported an annual profit of $7.7 million with revenue of $191.5 million.