Local Bounti to Release Third Quarter 2022 Financial Results on Thursday, November 10, 2022
Local Bounti Corporation (NYSE: LOCL) will release its third-quarter financial results for the period ending September 30, 2022, on November 10, 2022, before market opens.
Sentiment and the balance of points
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Rhea-AI Summary
Local Bounti Corporation (NYSE: LOCL) will release its third-quarter financial results for the period ending September 30, 2022, on November 10, 2022, before market opens. The company will hold a conference call at 8:00 a.m. ET to discuss these results and other business updates. Local Bounti utilizes proprietary Stack & Flow Technology™ in its indoor agriculture operations, significantly improving crop turns and output while using 90% less water and land compared to conventional farming.
Positive
- Local Bounti's proprietary Stack & Flow Technology™ enhances crop turns and output.
- The company services approximately 10,000 retail doors with its products.
Negative
- None.
Details
News Market Reaction – LOCL
The recorded move for LOCL in the trading session of this news was +1.53%.
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HAMILTON, Mont., Nov. 3, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the third quarter ended September 30, 2022 before the market opens on Thursday, November 10, 2022.
The Company will host a conference call with members of the Local Bounti executive management team to discuss financial results and other business updates. The conference call is scheduled to begin at 8:00 a.m. ET on Thursday, November 10, 2022. To participate on the live call, listeners in North America may dial (888) 428-7458 and international listeners may dial (862) 298-0702.
In addition, the call will be broadcast live via webcast, hosted on the "Investors" section of the Company's website at localbounti.com and will be archived online. A telephonic playback will be available through November 17, 2022. North American listeners may dial (877) 660-6853 and international listeners may dial (201) 612-7415; the passcode is 13733771.
Local Bounti is redefining indoor farming with an innovative method – its proprietary Stack & Flow Technology™ – that significantly improves crop turns, increases output and improves unit economics. Local Bounti operates advanced indoor growing facilities across the United States, servicing approximately 10,000 retail doors with its two brands: Local Bounti® and Pete's®. We grow healthy food utilizing a hybrid approach that integrates the best attributes of controlled environment agriculture with natural elements. Our sustainable growing methods are better for the planet, using
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SOURCE Local Bounti
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