Wed. 27 Mar 2024, 7:22am ET
Benzinga
Earnings, News
Local Bounti (NYSE:LOCL) reported adjusted quarterly losses of $(3.35) per share which missed the analyst consensus estimate of $(2.41) by 39 percent. This is a 14.1 percent increase over losses of $(3.90) per share from the same period last year. The company reported quarterly sales of $6.87 million which missed the analyst consensus estimate of $8.70 million by 21.08 percent. This is a 3.43 percent increase over sales of $6.64 million the same period last year.