Welcome to our dedicated page for Mission Produce news (Ticker: AVO), a resource for investors and traders seeking the latest updates and insights on Mission Produce stock.
Mission Produce, Inc. (AVO) operates at the forefront of the global avocado supply chain, combining agricultural expertise with cutting-edge distribution technology. This news hub provides investors and industry stakeholders with essential updates on corporate developments, operational milestones, and market leadership in fresh produce logistics.
Access timely announcements including quarterly earnings reports, partnership agreements, and innovations in post-harvest management. Our curated collection features press releases detailing supply chain expansions, sustainability initiatives, and quality control advancements that maintain AVO's position as an industry leader.
Key updates cover strategic developments across Mission Produce's core operations: global avocado distribution, international farming partnerships, and technological investments in ripening systems. Regular filings include regulatory disclosures and material event notifications critical for informed analysis.
Bookmark this page for direct access to primary source materials from Mission Produce. Monitor operational updates ranging from produce safety certifications to distribution network expansions across North American, European, and Asian markets.
Mission Produce (Nasdaq: AVO) reported its fiscal Q1 2023 results, showing a 14% increase in avocado volume sold to 152.3 million pounds. Total revenue was $213.5 million, down 1% year-over-year. The company posted a net loss of $(8.8) million or $(0.12 per diluted share, an improvement from a $(13.4) million loss last year. Adjusted net loss was $(5.0) million or $(0.07) per diluted share. Adjusted EBITDA increased to $2.3 million, up from $(10.4) million. The CEO expressed optimism over future market conditions and growth potential, particularly in Europe and Asia.
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