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Weak orders caused improvement in losses for the most recent fiscal period, Alico Inc s' net deficit per share grew to $-0.41 from $1.34 where Revenue fell by -30.964 % to $
10.59 millions from $15.34 millions a year ago.
In contrast to the Q4 Revenue doubled by 926.964 % from $1.03 millions and EPS improved from $-2.78 per share.
For the first quarter of 2023 earnings season Alico Inc logged net loss of $-3.186 million, instead of net income of $10.080 millions have recorded in the comparable reporting season a year before.
Alico Inc is expected to report next financial results on May 08, 2023.