Day: August 10, 2022

Village Farms Beats Revenue as Harvest Stays Stout

Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF)  announced its financial results for the second quarter ended June 30, 2022. Total consolidated sales increased 18% year-over-year to $82.9 million from $70.4 million. This beat the Yahoo Finance average analyst estimate for revenues of $70 million.  Village Farms reported a consolidated net loss of $36.6 million or ($0.41) per share, which included $29.8 million of impairments to Balanced Health Botanicals’ …

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Hydrofarm Stock Deplete as Sales Weaken

Hydrofarm Holdings Group, Inc. (Nasdaq: HYFM) slumped in trading on Tuesday as it posted second-quarter results that missed expectations — showing that consumer demand for hydroponics remained flat as a lack of regulatory guidance and recessionary pressures facing the sector persist. The company released its financial results for the second quarter ending June 30, 2022. The company missed …

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