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Lavoro Limited - $LVRO STOCK NEWS

Welcome to our dedicated page for Lavoro news (Ticker: $LVRO), a resource for investors and traders seeking the latest updates and insights on Lavoro stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lavoro's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Lavoro's position in the market.

Rhea-AI Summary
Lavoro (LVRO) to participate in World Agri-Tech Innovation Summit 2024, showcasing agricultural inputs distribution expertise with CEO Ruy Cunha joining a panel on biologicals in action.
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-3.24%
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Rhea-AI Summary
Lavoro Limited (Nasdaq: LVRO, LVROW) reported a 1% revenue increase in 2Q24 to $618.7 million, with gross profit declining by 17% to $103.0 million. The Crop Care segment stood out with a 26% revenue growth. Net profit decreased to $1.9 million, and Adjusted EBITDA dropped by 48% to $40.1 million. Despite market challenges, Lavoro maintains a positive outlook for FY2024.
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End-of-Day
0.23%
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Rhea-AI Summary
Lavoro Limited (LVRO) to Release Fiscal Second Quarter 2024 Financial Results on March 7, 2024
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-0.15%
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Rhea-AI Summary
Lavoro Limited (Nasdaq: LVRO; LVROW) reported an 11% increase in revenue for FY1Q24, reaching $483.1 million, while gross profit decreased by 34% to $59.5 million. The net loss was -$14.5 million, compared to net income of $15.1 million in the prior year period. Adjusted EBITDA declined by 75% to $11.1 million. Lavoro has also completed the acquisition of Coram Comércio e Representações Agrícolas and secured a new multi-year R$420 million credit facility.
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Lavoro Limited (Nasdaq: LVRO; LVROW) is set to release its fiscal first quarter 2024 earnings results on January 24, 2024. The company, the first U.S.-listed agricultural inputs retailer in Latin America, will host a conference call and audio webcast to discuss the results. Interested individuals can join the conference call or access the live audio webcast through the company's Investor Relations website.
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0.55%
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Lavoro (Nasdaq: LVRO) to participate in the 2024 ICR Conference in Orlando, FL, on January 9, 2024. CEO Ruy Cunha will host a fireside chat and management will be available to meet with investors. Live webcast available on the company's Investor Relations website.
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End-of-Day
-5.35%
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Rhea-AI Summary
Lavoro Limited (Nasdaq: LVRO) strengthens its presence in Brazil with the acquisition of Coram Comércio e Representações Agrícolas, a respected ag retailer in São Paulo, Minas Gerais, and Goiás. This acquisition significantly enhances Lavoro's operations and exposure to the sugarcane sector.
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Lavoro Limited (Nasdaq: LVRO) secures R$420 million credit facility, marking a significant milestone in enhancing its capital structure and reducing dependence on short-term working capital loans. The facility involves the issuance of Agribusiness Receivables Certificates specific to Brazil's agribusiness sector, with Series I and Series II maturing in December 2027. CEO Ruy Cunha emphasizes the move's value in supporting long-term growth objectives.
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Lavoro (Nasdaq: LVRO) to Participate in 3rd Annual Roth MKM AgTech Answers Conference in New York, NY on November 14, 2023
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End-of-Day
-2.31%
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conferences
Rhea-AI Summary
Lavoro Limited, the first U.S.-listed pure-play agricultural inputs distributor in Latin America, reported its financial results for FY2023. Revenue reached $1.8 billion, a 24% increase compared to the previous year. Gross profit was $332 million, up 34% year-over-year. Lavoro completed the acquisition of Referência Agroinsumos, expanding its retail presence in Brazil. The company also announced a partnership with Stenon for real-time soil analysis. Lavoro provided its FY2024 outlook, expecting consolidated revenue in the range of $2.0 to $2.3 billion.
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Rhea-AI Sentiment
End-of-Day
-0.96%
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Lavoro Limited

Nasdaq:LVRO

LVRO Rankings

LVRO Stock Data

676.33M
5.43M
10.25%
89.58%
0.05%
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