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Whole Earth Brands, Inc. reported first-quarter 2024 financial results, including consolidated revenue of $129.5 million, a 2.2% decrease. Branded CPG revenue decreased 3.5%, while Flavors & Ingredients revenue grew 2.1%. Operating income was $3.1 million, and Adjusted EBITDA was $19.1 million. The company is progressing towards a pending go-private transaction. Consolidated gross profit margin increased to 28.8%, and Adjusted EBITDA was $19.1 million.
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