Welcome to our dedicated page for Limoneira Co news (Ticker: LMNR), a resource for investors and traders seeking the latest updates and insights on Limoneira Co stock.
Limoneira Company (LMNR) is a leading agribusiness and real estate developer with over a century of expertise in citrus production and community development. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases, earnings reports, and market analyses in one centralized location. Track LMNR's progress across key operational areas including fresh lemon production, avocado cultivation, rental property management, and large-scale real estate projects that shape sustainable communities.
The page features verified updates on agricultural innovations, partnership announcements, sustainability efforts, and regulatory filings. Content is curated to support informed decision-making while maintaining strict editorial neutrality regarding investment potential.
Bookmark this page for direct access to Limoneira's latest corporate communications and industry-related news developments. Check back regularly for comprehensive coverage of LMNR's evolving role in agribusiness and community infrastructure.
On March 21, 2023, Limoneira Company (Nasdaq: LMNR) declared a quarterly cash dividend of $0.075 per common share. This dividend is payable on April 14, 2023, to stockholders of record on April 4, 2023. Founded over 130 years ago and headquartered in Santa Paula, California, Limoneira is recognized as a premier integrated agribusiness with 11,800 acres of agricultural land across California, Arizona, Chile, and Argentina. The company specializes in the production of lemons, avocados, oranges, and specialty citrus products.
Limoneira Company (NASDAQ: LMNR) announced its participation in the 35th Annual Roth Conference on March 13, 2023, in Dana Point, CA. The company has released a new investor presentation available on its website, emphasizing its role as a leading agribusiness with over 11,800 acres of agricultural land across California, Arizona, Chile, and Argentina. Limoneira specializes in producing lemons, avocados, and specialty citrus. This participation signals the company's commitment to engaging with investors and sharing its growth strategies.
Limoneira Company (Nasdaq: LMNR) reported Q1 FY2023 revenues of $37.9 million, slightly down from $39.3 million in the same period last year. Driven by a $40 million gain from the sale of Northern Properties, operating income rose to $25.9 million, compared to a loss of $9.6 million a year earlier. The net debt was reduced by 72% to $28.9 million. Heavy rains delayed some harvests, but the company maintains its volume guidance for lemons and avocados for FY2023, expecting improved pricing for lemons as supply stabilizes.
Limoneira Company (Nasdaq: LMNR) announced its participation in the 35th Annual Roth Conference, scheduled for March 12-14, 2023, in Dana Point, California. CEO Harold Edwards and CFO Mark Palamountain will engage in one-on-one and small group meetings on March 13. Limoneira has a rich history as a leading agribusiness with over 11,900 acres of agricultural land and operations across California, Arizona, Chile, and Argentina. The company specializes in growing lemons, avocados, oranges, and specialty citrus. To schedule meetings with Limoneira, contact a Roth sales representative.