trending Market Intelligence /marketintelligence/en/news-insights/trending/d7wvsF87uZ2KAmM1CWR7OA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Village Farms International Q3 loss widens YOY

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance


Village Farms International Q3 loss widens YOY

Village Farms International Inc. said its normalized net income for the third quarter came to a loss of $1.2 million, compared with a loss of $213,130 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to negative 2.9% from negative 0.6% in the year-earlier period.

Total revenue increased 11.1% year over year to $42.0 million from $37.9 million, and total operating expenses rose 14.9% year over year to $43.3 million from $37.6 million.

Reported net income totaled a loss of $1.6 million, or a loss of 4 cents per share, compared to a loss of $387,850, or a loss of 1 cents per share, in the year-earlier period.