Edible Garden AG Incorporated

EDBL

US28059P3038

Fishing & Farming

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Edible Garden AG Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 13, 2023 at 01:25 pm

Edible Garden AG Incorporated reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 3.29 million compared to USD 2.75 million a year ago. Net loss was USD 2.43 million compared to USD 2.07 million a year ago. Basic loss per share from continuing operations was USD 13.8 compared to USD 142.6 a year ago.
For the nine months, sales was USD 9.97 million compared to USD 8.48 million a year ago. Net loss was USD 5.95 million compared to USD 9.45 million a year ago. Basic loss per share from continuing operations was USD 47.6 compared to USD 816.8 a year ago.

Latest news about Edible Garden AG Incorporated

Top Premarket Decliners	01:12pm	MT
Top Premarket Gainers	05-21	MT
Transcript : Edible Garden AG Incorporated, Q1 2024 Earnings Call, May 15, 2024	05-15
Edible Garden AG Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2024	05-15	CI
Earnings Flash (EDBL) EDIBLE GARDEN AG INCORPORATED Reports Q1 Revenue $3.1M	05-15	MT
Edible Garden AG Incorporated Announces Product Development Agreement with Hermann Pickle Company	05-07	CI
Edible Garden Begins Shipping ?Garden Starters? in Time for Spring Planting Season	04-29	CI
Sector Update: Consumer Stocks Higher in Late Afternoon Trading	04-22	MT
Top Midday Gainers	04-22	MT
Edible Garden Shares Soar After Regaining Nasdaq Compliance	04-22	MT
Edible Garden AG Incorporated Announces Revenue Results for the First Quarter of 2024	04-17	CI
Edible Garden AG Incorporated Announces Pulp Sustainable Line of Products Now Available Through United Natural Foods, Inc. Distributors	04-11	CI
Edible Garden AG Incorporated Begins Shipping Spring Ornamentals and Florals for Sale at Major Big Box Retailers	04-09	CI
Sector Update: Consumer Stocks Lower Pre-Bell Wednesday	04-03	MT
Edible Garden AG Unveils Planned 1-for-20 Reverse Stock Split	04-03	MT
Transcript : Edible Garden AG Incorporated, Q4 2023 Earnings Call, Apr 01, 2024	04-01
Edible Garden AG Incorporated Reports Earnings Results for the Full Year Ended December 31, 2023	04-01	CI
Edible Garden AG Incorporated Announces Pulp Sustainable Gourmet Sauces Now Available Through KeHE Distributors, LLC	03-14	CI
Edible Garden AG Incorporated Appoints Chanida Curnutt as Senior Vice President of Business Development and Compliance	03-05	CI
Edible Garden AG Incorporated Signs 3-Year Expanded Distribution Agreements with Major U.S. Food Retailer	02-12	CI
Edible Garden AG Incorporated Announces Retirement of Michael James as Treasurer, Secretary and Director	01-26	CI
Edible Garden AG Incorporated Announces Chief Financial Officer Changes	01-26	CI
Certain Warrants of Edible Garden AG Incorporated are subject to a Lock-Up Agreement Ending on 7-DEC-2023.	12-06	CI
Certain Common Stock of Edible Garden AG Incorporated are subject to a Lock-Up Agreement Ending on 7-DEC-2023.	12-06	CI
Edible Garden AG Incorporated to Showcase USDA Organic Produce and Sustainable Initiatives at 2023 New York Produce Show and Conference on December 6th	12-05	CI

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Company Profile

Edible Garden AG Incorporated is a controlled environmental agriculture (CEA) farming company. The Company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs, lettuces and floral products. In its hydroponic greenhouse, it grows plants without soil. In addition to using hydroponic and vertical greenhouse systems, the Company uses a closed loop system in its greenhouses. In its closed loop system, it also cycles water back into the system that has been collected through reverse osmosis. It has also developed patented software called GreenThumb that assists in tracking plants through its supply chain. Its products include 10 types of individually potted, live herbs; 37 types of cut single-herb clamshells; four specialty herb items; butterhead lettuce; six garden salad kits; hydro basil; wheatgrass, and 12 vitamin and protein powder products.

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Fishing & Farming

Calendar

11/08/2024 - Q2 2024 Earnings Release (Projected)

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