The chart below shows how LFCR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LFCR sees a +0.46% change in stock price 10 days leading up to the earnings, and a -3.09% change 10 days following the report. On the earnings day itself, the stock moves by -2.71%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Revenue Increase Analysis: Revenues for the three months ended November 24, 2024 were $32.6 million, an increase of 8% compared to $30.2 million for the comparable prior year.
Gross Profit Increase: Gross profit for the three months ended November 24, 2024 was $11.1 million compared to $10 million for the same period last year, reflecting a $1.1 million increase.
Adjusted EBITDA Increase: Adjusted EBITDA for the three months ended November 24, 2024 was $6.5 million, an increase of $1.1 million compared to $5.4 million in the prior year period.
Revenue Increase Analysis: Revenues for the six months ended November 24, 2024 were $57.3 million, an increase of 5% compared to $54.7 million for the comparable prior year.
PIPE Offering Success: The company successfully closed a previously announced $24.3 million PIPE offering, significantly improving liquidity and allowing management to focus on growth opportunities.
Negative
Revenue Increase Analysis: Revenue for the three months ended November 24, 2024, was $32.6 million, an increase of 8% compared to $30.2 million for the comparable prior year, indicating a slower growth rate than expected.
Gross Profit Improvement: Gross profit for the three months ended November 24, 2024, was $11.1 million compared to $10 million for the same period last year, reflecting only a modest improvement in profitability despite increased revenues.
Rising Operational Costs: Selling, general, and administrative expenses for the three months ended November 24, 2024, were $11.1 million compared to $9.3 million for the same period last year, indicating rising operational costs that could pressure margins.
Net Loss Decline: The company recorded a net loss of $6.6 million and $0.25 of loss per diluted share compared to net income of $14.2 million and $0.39 of income per diluted share for the same period last year, showing a significant decline in profitability.
Adjusted EBITDA Increase: Adjusted EBITDA for the three months ended November 24, 2024, was $6.5 million, an increase of $1.1 million compared to $5.4 million in the prior year period, but still below expectations for sustainable growth.
Lifecore Biomedical, Inc. (LFCR) Q2 2025 Earnings Call Transcript
LFCR.O
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