CA - Goodfood GAAP EPS of -C$0.16 revenue of C$47.15M
- Goodfood press release ( OTCPK:GDDFF ): Q1 GAAP EPS of -C$0.16.
- Revenue of C$47.15M (-39.4% Y/Y).
- Adjusted gross margin of 36.9%.
- Adjusted EBITDA loss of C$2M for the quarter, an 85% improvement compared to a loss of C$15M in the same quarter of the prior year.
- Reaffirming expectation of positive Adjusted EBITDA in the second quarter of Fiscal 2023, on the back of expected continued strength in gross margin and further reductions in selling, general and administrative expenses.
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Goodfood GAAP EPS of -C$0.16, revenue of C$47.15M