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Kalera ( NASDAQ: KAL ) said Monday it expects to report Q3 net sales of ~$1.6M, more than double Y/Y, driven by increased volumes and improved product mix.
The firm expects capacity utilization to be ~24% vs. 11% in Q3 2021.
Volume sold is projected to be 480K lbs vs. 240K lbs in Q3 2021.
Kalera ( KAL ) expects to release its Q3 results on Nov. 14.