Local Bounti (NYSE:LOCL) reported adjusted quarterly losses of $(3.35) per share which missed the analyst consensus estimate of $(2.41) by 39 percent. This is a 14.1 percent increase over losses of $(3.90) per share from the same period last year. The company reported quarterly sales of $6.87 million which missed the analyst consensus estimate of $8.70 million by 21.08 percent. This is a 3.43 percent increase over sales of $6.64 million the same period last year.
Local Bounti Q4 Adj. EPS $(3.35) Misses $(2.43) Estimate, Sales $6.87M Miss $8.70M Estimate
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