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Local Bounti Q2 EPS $(1.35) Beats $(2.71) Estimate, Sales $7.18M Beat $6.94M Estimate

Author: Benzinga Newsdesk | August 09, 2023 07:17am
Local Bounti (NYSE:LOCL) reported quarterly losses of $(1.35) per share which beat the analyst consensus estimate of $(2.71) by 50.18 percent. This is a 71.15 percent increase over losses of $(4.68) per share from the same period last year. The company reported quarterly sales of $7.18 million which beat the analyst consensus estimate of $6.94 million by 3.50 percent. This is a 14.58 percent increase over sales of $6.27 million the same period last year.

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