trending Market Intelligence /marketintelligence/en/news-insights/trending/cu2iYF7QiMlCX6_I9e1TnQ2 content esgSubNav
In This List

Seneca Foods fiscal Q1 profit falls YOY

Podcast

Street Talk | Episode 126: Hunting the bears, making the bull case for CRE

Blog

Investment Banking Essentials May 15

Video

Panel Discussion: Modernization Initiatives Advancing the U.S. Capital Market

Blog

Technology & Automation Insights: Elevating KYC and onboarding efficiency


Seneca Foods fiscal Q1 profit falls YOY

4915429 said its normalized net income for the fiscal first quarter ended June 28 amounted to 2 cents per share, a decrease of 83.4% from 11 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $202,500, a decrease of 83.3% from $1.2 million in the year-earlier period.

The normalized profit margin declined to 0.1% from 0.5% in the year-earlier period.

Total revenue climbed year over year to $240.0 million from $232.1 million, and total operating expenses climbed from the prior-year period to $239.0 million from $228.4 million.

eported net income totaled a loss of $105,000, or a loss of 1 cents per share, compared to income of $1.3 million, or 12 cents per share, in the prior-year period.Seneca Foods Corp.

4915429 said its normalized net income for the fiscal first quarter ended June 28 amounted to 2 cents per share, a decrease of 83.4% from 11 cents per share in the prior-year period.