VFF - Village Farms EPS beats by $0.04 beats on revenue

Village Farms (NASDAQ:VFF): Q3 GAAP EPS of $0.01 beats by $0.04. Revenue of $72.4M (+68.2% Y/Y) beats by $3.03M. Shares +5.4% PM. Press Release CEO comment" "Pure Sunfarms achieved record net sales and adjusted EBITDA since launching its retail branded products two years ago, with a healthy 44% gross margin, driven by our focus on profitable market share, leading cost of production and leadership in premium quality flower. We are especially proud of this performance during a period that saw aggressive price reductions by certain competitors in what appears to be an attempt to "buy" market share, dispose of inventory, and/or generate needed cash, while we have maintained the same "Everyday Premium" pricing strategy we launched with two years ago, while enhancing our gross margin."

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Village Farms EPS beats by $0.04, beats on revenue